UBIQUITI INC (UI) Stock Technical Analysis
USA - NYSE:UI - US90353W1036 - Common Stock
Taking everything into account, UI scores 8 out of 10 in our technical rating. In the last year, UI was one of the better performers, but we do observe some doubts in the very recent evolution.
Although UI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
410.96
When analyzing the support we can see 4 important areas.
- A support zone ranging from 581.36 to 581.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @491.30 from a trend line in the weekly time frame.
- A support zone ranging from 455.17 to 462.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @415.11 from a trend 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 UI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UI is down. |
| ChartMill Relative Strength | 93.55 | POSITIVE | UI has a high relative strength, it outperformed 93.55% 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) | UP | MIXED | The current price of UI is below 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) | 30.98 | NEUTRAL | The RSI value for UI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -25.29 | NEGATIVE | The MACD value suggests UI has a negative trend. |
| Stochastics (14,3) | 3.17 | OVERSOLD | The low Stochastics value suggests UI may be oversold. |
| Average True Range in percent/ATR (20) | 6.54 | HIGH VOLATILITY | The high ATR as a percentage value for UI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.11 | POSITIVE | The high ADX value value for UI suggests a strong trend. |
581.37
-8.06 (-1.37%)
UBIQUITI INC / UI FAQ
What is the ChartMill technical rating of UBIQUITI INC (UI) stock?
ChartMill assigns a technical rating of 8 / 10 to UI.
What is the trend direction for UI stock?
The current trend direction for UBIQUITI INC (UI) is Bullish.
Can you provide the RSI signal for UBIQUITI INC?
UBIQUITI INC (UI) has an RSI value of 30.9771. This indicates that the stock is currently neutral.
What is the short term momentum for UBIQUITI INC (UI) stock?
The short term momentum for UBIQUITI INC (UI) is negative.
What is the support and resistance level for UI stock?
UBIQUITI INC (UI) has a support level at 581.36. Check the full technical report for our detailed analysis of UI support and resistance levels.