UBIQUITI INC (UI) Stock Technical Analysis
NYSE:UI - New York Stock Exchange, Inc. - US90353W1036 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to UI. Both in the recent history as in the last year, UI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that UI is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by UI over the past year are nicely spread over this period.
UI is one of the better performing stocks in the Communications Equipment industry, it outperforms 89% of 48 stocks in the same industry.
UI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UI is lagging the market slightly.
In the last month UI has a been trading in the 368.42 - 424.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 398.25, a Stop Loss order could be placed below this zone.
More info and screens
284.53
440.47
We found 4 important support areas.
- A support zone ranging from 395.71 to 398.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 370.56 to 370.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @320.15 from a trend line in the weekly time frame.
- Support @287.40 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @419.30 from a trend line in the daily time frame.
- A resistance zone ranging from 430.60 to 436.11. This zone is formed by a combination of multiple trend lines in the weekly 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 UI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UI is neutral. |
| ChartMill Relative Strength | 96.13 | POSITIVE | UI has a high relative strength, it outperformed 96.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UI is above the rising 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) | 53.29 | NEUTRAL | The RSI value for UI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests UI has a negative trend. |
| Stochastics (14,3) | 60.37 | NEUTRAL | The Stochastics value for UI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for UI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.06 | NEGATIVE | The low ADX value for UI suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 419.31 | 395.70 | 23.61 (5.63%) | 17.76% |
| An entry @419.31. This is a Buy Stop order right above the resistance zone. | An exit @395.70. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 23.61 points, which is 5.63%. | When investing 17.76% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
404.89
+5.27 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.32%
1 Week-4.5%
2 Weeks2.27%
1 Month0.98%
3 Month31.39%
6 Month12.66%
12 Month146.48%
2 Year127.91%
3 Year34.23%
5 Year118.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.81
ATR(20)%2.99%
ATR Inc0.04%
Range Today10.07
ADR(20)11.31
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.13
Mansfield2.1
10 Day High424.5
10 Day Low393.31
20 Day High424.5
20 Day Low368.42
52 Week High469.98
52 Week Low156.94
CS1 End398.25
CR1 Start419.3
Volume & EV
DER(3)1.06%
DER(5)0.53%
Volume168.60K
Volume Incr17.75%
Vol(5)135.94K
Vol(50)114.00K