PROCURE SPACE ETF (UFO) Stock Technical Analysis
USA - NASDAQ:UFO - US74280R2058 - ETF
40.29 USD
+0.09 (+0.22%)
We assign a technical rating of 10 out of 10 to UFO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UFO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that UFO is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, UFO also shows a nice and consistent pattern of rising prices.
UFO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month UFO has a been trading in the 34.08 - 40.62 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although UFO has an excellent technical rating, it does not offer a high quality setup 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
21.75
40.69
We found 3 important support areas.
- Support @34.80 from a horizontal line in the daily time frame.
- A support zone ranging from 33.55 to 33.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.97 from a trend 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 | UP | POSITIVE | The long term trend for UFO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UFO is up. |
| ChartMill Relative Strength | 94.11 | POSITIVE | UFO has a high relative strength, it outperformed 94.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UFO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UFO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UFO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.15 | OVERBOUGHT | The high RSI value suggests UFO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests UFO has a positive trend. |
| Stochastics (14,3) | 93.52 | OVERBOUGHT | The high Stochastics value suggests UFO may be overbought. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for UFO suggests some volalility. |
| Average Directional Index/ADX (14) | 44.46 | POSITIVE | The high ADX value value for UFO suggests a strong 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)
NASDAQ:UFO (10/9/2025, 4:30:01 PM)
40.29
+0.09 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.22%
1 Week7.21%
2 Weeks15.74%
1 Month17.27%
3 Month35.52%
6 Month90.14%
12 Month111.5%
2 Year159.1%
3 Year96.54%
5 Year93.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%2.09%
ATR Inc19.69%
Range Today0.58
ADR(20)0.73
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.11
Mansfield3.95
10 Day High40.62
10 Day Low34.8
20 Day High40.62
20 Day Low34.08
52 Week High40.62
52 Week Low18.4
CS1 End34.8
CR1 StartN/A
Volume & EV
DER(3)3.03%
DER(5)3.89%
Volume108.58K
Volume Incr103.04%
Vol(5)177.30K
Vol(50)100.75K