URBAN-GRO INC (UGRO) Stock Technical Analysis
USA - NASDAQ:UGRO - US91704K2024 - Common Stock
0.5424 USD
-0.01 (-1.38%)
We assign a technical rating of 7 out of 10 to UGRO. UGRO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
UGRO 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
UGRO has an average volume of 7316910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, UGRO did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
UGRO is part of the Machinery industry. There are 129 other stocks in this industry, UGRO did better than 63% of them.
In the last month UGRO has a been trading in the 0.38 - 0.79 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.
UGRO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.52, a Stop Loss order could be placed below this zone.
More info and screens
0.36
1.09
We found 2 important support areas.
- A support zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.36 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @0.59 from a horizontal line in the weekly time frame.
- Resistance @0.60 from a trend line in the daily time frame.
- Resistance @0.62 from a trend line in the daily time frame.
- Resistance @1.08 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 UGRO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UGRO is up. |
| ChartMill Relative Strength | 70.59 | POSITIVE | UGRO has a high relative strength, it outperformed 70.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UGRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UGRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UGRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.27 | NEUTRAL | The RSI value for UGRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests UGRO has a negative trend. |
| Stochastics (14,3) | 36.41 | NEUTRAL | The Stochastics value for UGRO is a neutral value. |
| Average True Range in percent/ATR (20) | 13.97 | HIGH VOLATILITY | The high ATR as a percentage value for UGRO suggests high volalility. |
| Average Directional Index/ADX (14) | 43.37 | POSITIVE | The high ADX value value for UGRO 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.60 | 0.51 | 0.09 (15.00%) | 6.67% |
| An entry @0.60. This is a Buy Stop order right above the resistance zone. | An exit @0.51. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.09 points, which is 15.00%. | When investing 6.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of UGRO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:UGRO (9/23/2025, 3:34:16 PM)
0.5424
-0.01 (-1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.38%
1 Week-7.5%
2 Weeks16.3%
1 Month37.43%
3 Month83.39%
6 Month21.57%
12 Month-58.65%
2 Year-59.56%
3 Year-80.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%13.97%
ATR Inc-35.14%
Range Today0.05
ADR(20)0.07
ADR(20)%13.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.59
Mansfield-3.58
10 Day High0.67
10 Day Low0.46
20 Day High0.79
20 Day Low0.38
52 Week High1.92
52 Week Low0.26
CS1 End0.52
CR1 Start0.59
Volume & EV
DER(3)-7.22%
DER(5)-4.07%
Volume272.76K
Volume Incr-98.71%
Vol(5)190.65K
Vol(50)7.32M