Taking everything into account, UGRO scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. UGRO was also a bad performer in the overall market in the last year.
Although the technical rating is bad, UGRO does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
0.22
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 | 5.6 | NEGATIVE | UGRO has a low relative strength, it was outperformed by 94.4% 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) | DOWN | MIXED | The current price of UGRO is above 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) | 60.4 | NEUTRAL | The RSI value for UGRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests UGRO has a positive trend. |
| Stochastics (14,3) | 45.33 | NEUTRAL | The Stochastics value for UGRO is a neutral value. |
| Average True Range in percent/ATR (20) | 16.08 | HIGH VOLATILITY | The high ATR as a percentage value for UGRO suggests high volalility. |
| Average Directional Index/ADX (14) | 43.16 | POSITIVE | The high ADX value value for UGRO suggests a strong trend. |
0.36
+0.01 (+2.53%)
ChartMill assigns a technical rating of 3 / 10 to UGRO.
The current trend direction for URBAN-GRO INC (UGRO) is Bearish.
URBAN-GRO INC (UGRO) has an RSI value of 60.4027. This indicates that the stock is currently neutral.
URBAN-GRO INC (UGRO) has a support level at 0.22 and a resistance level at 0.6. Check the full technical report for our detailed analysis of UGRO support and resistance levels.