UGE INTERNATIONAL LTD (UGE.CA) Stock Technical Analysis
TSX-V:UGE - TSX Venture Exchange - CA9035104020 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to UGE. Both in the recent history as in the last year, UGE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
UGE is part of the Construction & Engineering industry. There are 7 other stocks in this industry. UGE outperforms 100% of them.
UGE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so UGE is leading the market.
When comparing the yearly performance of all stocks, we notice that UGE is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month UGE has a been trading in a tight range between 1.94 and 2.00.
Volume is considerably higher in the last couple of days.
Although UGE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.85
2.03
When analyzing the support we notice one important area.
- A support zone ranging from 1.87 to 1.87. 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 2.01 to 2.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 UGE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UGE.CA is up. |
| ChartMill Relative Strength | 98.61 | POSITIVE | UGE.CA has a high relative strength, it outperformed 98.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UGE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UGE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UGE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.67 | OVERBOUGHT | The high RSI value suggests UGE.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests UGE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests UGE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for UGE.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 63.36 | POSITIVE | The high ADX value value for UGE.CA 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)
TSX-V:UGE (8/15/2024, 7:00:00 PM)
2
+0.01 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.5%
1 Week1.01%
2 Weeks1.01%
1 Month2.56%
3 Month233.33%
6 Month138.09%
12 Month51.52%
2 Year57.48%
3 Year25%
5 Year900%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.43%
ATR Inc110%
Range Today0.01
ADR(20)0.01
ADR(20)%0.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.61
Mansfield4.49
10 Day High2
10 Day Low1.97
20 Day High2
20 Day Low1.94
52 Week High2.03
52 Week Low0.5
CS1 End1.87
CR1 Start2.01
Volume & EV
DER(3)-1.33%
DER(5)-0.8%
Volume38.40K
Volume Incr74.35%
Vol(5)103.22K
Vol(50)72.39K