USA - NYSE:UI - US90353W1036 - Common Stock
Overall UI gets a technical rating of 5 out of 10. UI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
UI has an average technical rating and it also does not offer a high quality setup 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.
411.84
We found 4 important support areas.
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 UI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UI is down. |
| ChartMill Relative Strength | 93.28 | POSITIVE | UI has a high relative strength, it outperformed 93.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29 | OVERSOLD | The low RSI value suggests UI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -28.02 | NEGATIVE | The MACD value suggests UI has a negative trend. |
| Stochastics (14,3) | 5.68 | OVERSOLD | The low Stochastics value suggests UI may be oversold. |
| Average True Range in percent/ATR (20) | 6.95 | HIGH VOLATILITY | The high ATR as a percentage value for UI suggests high volalility. |
| Average Directional Index/ADX (14) | 29.56 | POSITIVE | The high ADX value value for UI suggests a strong trend. |
557.65
-27.16 (-4.64%)
ChartMill assigns a technical rating of 5 / 10 to UI.
The current trend direction for UBIQUITI INC (UI) is Bullish.
UBIQUITI INC (UI) has an RSI value of 28.9971. This indicates that the stock is currently oversold.
The short term momentum for UBIQUITI INC (UI) is negative.
UBIQUITI INC (UI) has a support level at 491.3. Check the full technical report for our detailed analysis of UI support and resistance levels.