URBAN-GRO INC (UGRO) Technical Analysis
NASDAQ:UGRO • US91704K3014
Current stock price
2.18 USD
-0.21 (-8.79%)
At close:
2.15 USD
-0.03 (-1.38%)
Pre-Market:
UGRO Technical Rating and Analysis
Taking everything into account, UGRO scores 0 out of 10 in our technical rating. UGRO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, UGRO is a bad performer in the overall market: 99% of all stocks are doing better.
- UGRO is one of the lesser performing stocks in the Machinery industry. 93% of 131 stocks in the same industry do better.
- UGRO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so UGRO is lagging the market.
- In the last month UGRO has a been trading in the 2.15 - 3.41 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
UGRO Weekly and Daily overview Charts
UGRO Setup Rating and Analysis
UGRO has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
UGRO Support and Resistance Analysis
2.16
3.89
We can see 3 important resistance areas.
- A resistance zone ranging from 2.50 to 2.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.56 to 2.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.85 from a trend line in the weekly time frame.
UGRO Technical Indicator Signal Analysis
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 UGRO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UGRO is down. |
| ChartMill Relative Strength | 1.09 | NEGATIVE | UGRO has a low relative strength, it was outperformed by 98.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UGRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UGRO is below a declining 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) | 35.7 | NEUTRAL | The RSI value for UGRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests UGRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.02 | OVERSOLD | The low Stochastics value suggests UGRO may be oversold. |
| Average True Range in percent/ATR (20) | 13.33 | HIGH VOLATILITY | The high ATR as a percentage value for UGRO suggests high volalility. |
| Average Directional Index/ADX (14) | 16.04 | NEGATIVE | The low ADX value for UGRO suggests a weak or negative trend. |
UGRO Chart- and CandleStick Pattern Analysis
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)
UGRO Technicals: Chart, Performance Metrics, Trend & Indicators
2.18
-0.21 (-8.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-8.79%
1 Week-15.18%
2 Weeks-10.29%
1 Month-14.51%
3 Month-75.78%
6 Month-83.32%
12 Month-85.47%
2 Year-93.63%
3 Year-96.77%
5 Year-98.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%13.33%
ATR Inc-30.65%
Range Today0.22
ADR(20)0.28
ADR(20)%12.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.09
3 months CRS1.07
6 months CRS2.08
Mansfield-7.46
10 Day High3.41
10 Day Low2.15
20 Day High3.41
20 Day Low2.15
52 Week High19.76
52 Week Low2.02
CS1 EndN/A
CR1 Start2.5
Volume & EV
DER(3)0.05%
DER(5)-1.29%
Volume83.00K
Volume Incr-72.92%
Vol(5)59.76K
Vol(50)395.73K
URBAN-GRO INC / UGRO TA FAQ
What is the technical rating for UGRO stock?
ChartMill assigns a technical rating of 0 / 10 to UGRO.
What is the current trend direction of URBAN-GRO INC (UGRO) stock?
The current trend direction for URBAN-GRO INC (UGRO) is Bearish.
Can you provide the RSI signal for URBAN-GRO INC?
URBAN-GRO INC (UGRO) has an RSI value of 35.6992. This indicates that the stock is currently neutral.
What is the MACD signal for UGRO stock?
The MACD indicator for URBAN-GRO INC (UGRO) has a value of 0.0654449, indicating a bearish trend.
Can you provide the short term momentum for URBAN-GRO INC?
The short term momentum for URBAN-GRO INC (UGRO) is negative.