UNIVERSAL HEALTH RLTY INCOME (UHT) Stock Technical Analysis
NYSE:UHT • US91359E1055
We assign a technical rating of 8 out of 10 to UHT. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UHT is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- UHT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month UHT has a been trading in the 38.11 - 43.10 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, UHT turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
- UHT is an average performer in the Diversified REITs industry, it outperforms 69% of 122 stocks in the same industry.
Although UHT has an excellent technical rating, it does not present a decent entry opportunity 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.
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34.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 38.19 to 40.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.61 from a trend line in the weekly time frame.
- Support @35.13 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.04 to 43.04. 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 UHT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UHT is up. |
| ChartMill Relative Strength | 63.81 | NEUTRAL | UHT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UHT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UHT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UHT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.45 | NEUTRAL | The RSI value for UHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests UHT has a positive trend. |
| Stochastics (14,3) | 90.71 | OVERBOUGHT | The high Stochastics value suggests UHT may be overbought. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for UHT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.12 | NEUTRAL | The ADX value for UHT suggests a possible start of a new trend. |
43.03
+0.6 (+1.41%)
UNIVERSAL HEALTH RLTY INCOME / UHT FAQ
What is the ChartMill technical rating of UNIVERSAL HEALTH RLTY INCOME (UHT) stock?
ChartMill assigns a technical rating of 8 / 10 to UHT.
What is the current trend direction of UNIVERSAL HEALTH RLTY INCOME (UHT) stock?
The current trend direction for UNIVERSAL HEALTH RLTY INCOME (UHT) is Bullish.
What is the RSI signal for UNIVERSAL HEALTH RLTY INCOME (UHT) stock?
UNIVERSAL HEALTH RLTY INCOME (UHT) has an RSI value of 69.4468. This indicates that the stock is currently neutral.
What is the MACD signal for UNIVERSAL HEALTH RLTY INCOME (UHT) stock?
The MACD indicator for UNIVERSAL HEALTH RLTY INCOME (UHT) has a value of 0.398829, indicating a bearish trend.
Can you provide the support and resistance levels for UNIVERSAL HEALTH RLTY INCOME?
UNIVERSAL HEALTH RLTY INCOME (UHT) has a support level at 40.48 and a resistance level at 43.04. Check the full technical report for our detailed analysis of UHT support and resistance levels.