UNIVERSAL HEALTH RLTY INCOME (UHT) Stock Technical Analysis
NYSE:UHT - New York Stock Exchange, Inc. - US91359E1055 - REIT - Currency: USD
Overall UHT gets a technical rating of 7 out of 10. 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.
UHT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 41.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 40.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UHT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
35.92
We found 3 important support areas.
- A support zone ranging from 39.41 to 40.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.40 from a trend line in the daily time frame.
- Support @36.28 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 41.13 to 41.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @42.21 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for UHT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UHT is neutral. |
| ChartMill Relative Strength | 45.7 | 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) | DOWN | MIXED | The current price of UHT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.71 | NEUTRAL | The RSI value for UHT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests UHT has a negative trend. |
| Stochastics (14,3) | 63.18 | NEUTRAL | The Stochastics value for UHT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for UHT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for UHT suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 41.53 | 39.40 | 2.13 (5.13%) | 19.50% |
| An entry @41.53. This is a Buy Stop order right above the resistance zone. | An exit @39.40. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.13 points, which is 5.13%. | For a 1.00% total portfolio risk, you can invest 19.50% of your capital in this trade. |
- 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.
40.83
-0.23 (-0.56%)