URBAN EDGE PROPERTIES (UE) Stock Technical Analysis
NYSE:UE - New York Stock Exchange, Inc. - US91704F1049 - REIT - Currency: USD
Overall UE gets a technical rating of 7 out of 10. UE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
UE is part of the Diversified REITs industry. There are 130 other stocks in this industry. UE outperforms 74% of them.
When compared to the yearly performance of all other stocks, UE outperforms 49% of them, which is more or less in line with the market.
UE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UE is lagging the market.
In the last month UE has a been trading in the 18.44 - 20.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although UE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
17.34
20.25
3 important support areas can be observed.
- A support zone ranging from 18.72 to 19.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.07 from a horizontal line in the daily time frame.
- A support zone ranging from 17.52 to 17.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 20.05 to 20.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for UE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UE is up. |
| ChartMill Relative Strength | 49.1 | NEUTRAL | UE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.23 | NEUTRAL | The RSI value for UE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests UE has a positive trend. |
| Stochastics (14,3) | 74.42 | NEUTRAL | The Stochastics value for UE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for UE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.35 | NEGATIVE | The low ADX value for UE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
19.72
-0.32 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.6%
1 Week1.16%
2 Weeks4.32%
1 Month6.31%
3 Month8.03%
6 Month-1.47%
12 Month-0.1%
2 Year17.81%
3 Year21.97%
5 Year91.22%
10 Year-6.66%
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%2.1%
ATR Inc134.1%
Range Today0.52
ADR(20)0.41
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.1
Mansfield-0.88
10 Day High20.9
10 Day Low19.05
20 Day High20.9
20 Day Low18.44
52 Week High23.85
52 Week Low15.66
CS1 End19.26
CR1 Start20.05
Volume & EV
DER(3)4.8%
DER(5)3.91%
Volume1.46M
Volume Incr63.42%
Vol(5)1.45M
Vol(50)952.08K