Taking everything into account, UEIC scores 2 out of 10 in our technical rating. 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: 93% of all stocks are doing better.
UEIC is part of the Household Durables industry. There are 64 other stocks in this industry, of which 87% are performing better than UEIC.
UEIC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month UEIC has a been trading in the 4.32 - 6.15 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.