UNIVERSAL ELECTRONICS INC (UEIC) Technical Analysis
NASDAQ:UEIC • US9134831034
Current stock price
UEIC Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to UEIC. In the last year, UEIC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month UEIC has a been trading in the 3.58 - 4.64 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the performance of all stocks over the past year, UEIC turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- UEIC is an average performer in the Household Durables industry, it outperforms 62% of 60 stocks in the same industry.
- UEIC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UEIC is lagging the market.
UEIC Weekly and Daily overview Charts
UEIC Setup Rating and Analysis
UEIC has an excellent technical rating, but the quality of the setup is only medium 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
UEIC Support and Resistance Analysis
3.72
We found 3 important support areas.
- A support zone ranging from 4.20 to 4.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.06 to 4.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.76 to 3.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.38 to 4.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
UEIC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for UEIC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UEIC is up. |
| ChartMill Relative Strength | 46.76 | NEUTRAL | UEIC is not amongst the best or worst performers 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) | 57.38 | NEUTRAL | The RSI value for UEIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests UEIC has a positive trend. |
| Stochastics (14,3) | 50.85 | NEUTRAL | The Stochastics value for UEIC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for UEIC suggests high volalility. |
| Average Directional Index/ADX (14) | 33.8 | POSITIVE | The high ADX value value for UEIC suggests a strong trend. |
UEIC Chart- and CandleStick Pattern Analysis
UEIC Technicals: Chart, Performance Metrics, Trend & Indicators
4.23
-0.14 (-3.2%)
UNIVERSAL ELECTRONICS INC / UEIC TA FAQ
What is the ChartMill technical rating of UNIVERSAL ELECTRONICS INC (UEIC) stock?
ChartMill assigns a technical rating of 7 / 10 to UEIC.
Can you provide the trend direction for UNIVERSAL ELECTRONICS INC?
The current trend direction for UNIVERSAL ELECTRONICS INC (UEIC) is Bearish.
Can you provide the RSI signal for UNIVERSAL ELECTRONICS INC?
UNIVERSAL ELECTRONICS INC (UEIC) has an RSI value of 57.3807. This indicates that the stock is currently neutral.
What is the short term momentum for UEIC stock?
The short term momentum for UNIVERSAL ELECTRONICS INC (UEIC) is positive.
Can you provide the support and resistance levels for UNIVERSAL ELECTRONICS INC?
UNIVERSAL ELECTRONICS INC (UEIC) has a support level at 4.23 and a resistance level at 4.38. Check the full technical report for our detailed analysis of UEIC support and resistance levels.