We assign a technical rating of 3 out of 10 to UFO. Although UFO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of UFO is bad and it also does not present a 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
22.35
When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.58 to 32.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.44 to 31.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.58 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 | NEUTRAL | NEUTRAL | The long term trend for UFO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UFO is down. |
| ChartMill Relative Strength | 82.75 | POSITIVE | UFO has a high relative strength, it outperformed 82.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UFO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UFO is below a declining 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) | 38.93 | NEUTRAL | The RSI value for UFO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests UFO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.28 | NEUTRAL | The Stochastics value for UFO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for UFO suggests some volalility. |
| Average Directional Index/ADX (14) | 33.86 | POSITIVE | The high ADX value value for UFO suggests a strong trend. |
NASDAQ:UFO (11/28/2025, 12:42:11 PM)
33.3
+0.48 (+1.46%)
PROCURE SPACE ETF / UFO FAQ
Can you provide the ChartMill technical rating for PROCURE SPACE ETF?
ChartMill assigns a technical rating of 3 / 10 to UFO.
Can you provide the trend direction for PROCURE SPACE ETF?
The current trend direction for PROCURE SPACE ETF (UFO) is Bearish.
What is the RSI signal for UFO stock?
PROCURE SPACE ETF (UFO) has an RSI value of 38.9258. This indicates that the stock is currently neutral.
What is the MACD signal for PROCURE SPACE ETF (UFO) stock?
The MACD indicator for PROCURE SPACE ETF (UFO) has a value of -0.0905882, indicating a bearish trend.