Overall UEIC gets a technical rating of 4 out of 10. In the past year, UEIC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, UEIC is a bad performer in the overall market: 87% of all stocks are doing better.
- UEIC is one of the lesser performing stocks in the Household Durables industry. 86% of 60 stocks in the same industry do better.
- UEIC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- UEIC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
UEIC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.97, a Stop Loss order could be placed below this zone.
More info and screens
3.24
We found 3 important support areas.
- A support zone ranging from 3.89 to 3.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.42 from a trend line in the daily time frame.
- Support @3.27 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.00 to 4.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.09 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for UEIC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UEIC is up. |
| ChartMill Relative Strength | 13.94 | NEGATIVE | UEIC has a low relative strength, it was outperformed by 86.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UEIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UEIC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UEIC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.17 | NEUTRAL | The RSI value for UEIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests UEIC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.72 | NEUTRAL | The Stochastics value for UEIC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for UEIC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.85 | NEUTRAL | The ADX value for UEIC suggests a possible start of a new trend. |
3.99
+0.06 (+1.53%)
UNIVERSAL ELECTRONICS INC / UEIC FAQ
What is the ChartMill technical rating of UNIVERSAL ELECTRONICS INC (UEIC) stock?
ChartMill assigns a technical rating of 4 / 10 to UEIC.
Can you provide the trend direction for UNIVERSAL ELECTRONICS INC?
The current trend direction for UNIVERSAL ELECTRONICS INC (UEIC) is Bearish.
What is the RSI signal for UEIC stock?
UNIVERSAL ELECTRONICS INC (UEIC) has an RSI value of 61.169. This indicates that the stock is currently neutral.
What is the MACD signal for UNIVERSAL ELECTRONICS INC (UEIC) stock?
The MACD indicator for UNIVERSAL ELECTRONICS INC (UEIC) has a value of -0.0205876, indicating a bearish trend.
What is the buy/sell signal for UNIVERSAL ELECTRONICS INC (UEIC) stock?
The buy/sell signal for UNIVERSAL ELECTRONICS INC (UEIC) is hold as the short term and long term trends are mixed.