NET 1 UEPS TECHNOLOGIES INC (UEPS) Stock Technical Analysis
NASDAQ:UEPS - Nasdaq - US64107N2062 - Common Stock
Overall UEPS gets a technical rating of 1 out of 10. UEPS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
UEPS 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.
When compared to the yearly performance of all other stocks, UEPS outperforms 43% of them, which is more or less in line with the market.
UEPS is part of the IT Services industry. There are 82 other stocks in this industry, UEPS did better than 53% of them.
In the last month UEPS has a been trading in the 3.91 - 5.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
UEPS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for UEPS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.96
6.01
When analyzing the support we can see 3 important areas.
- Support @4.50 from a trend line in the weekly time frame.
- Support @4.18 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.00 to 4.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 4.68 to 4.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.90 to 4.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.04 to 5.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.66 from a trend line in the daily time frame.
- Resistance @5.95 from a horizontal line in the weekly 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 UEPS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UEPS is down. |
| ChartMill Relative Strength | 43.61 | NEUTRAL | UEPS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UEPS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UEPS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UEPS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.43 | NEUTRAL | The RSI value for UEPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests UEPS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.75 | NEUTRAL | The Stochastics value for UEPS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for UEPS suggests high volalility. |
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)
NASDAQ:UEPS (5/24/2022, 8:08:46 PM)
4.58
-0.14 (-2.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-2.97%
1 Week-8.95%
2 Weeks13.09%
1 Month-7.66%
3 Month-13.42%
6 Month-5.37%
12 Month-8.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%6.84%
ATR Inc-32.01%
Range Today0.31
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.61
Mansfield0.48
10 Day High5.03
10 Day Low3.93
20 Day High5.07
20 Day Low3.91
52 Week High6.97
52 Week Low3.84
CS1 End4.5
CR1 Start4.68
Volume & EV
DER(3)28.77%
DER(5)15.65%
Volume23.50K
Volume Incr-31.55%
Vol(5)38.50K
Vol(50)77.64K