UI Technical Analysis - UBIQUITI INC

Technical Rating and Analysis

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 and short term trends are both positive. This is looking good!

Looking at the yearly performance, UI did better than 97% of all other 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 91% of 48 stocks in the same industry.

UI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month UI has a been trading in the 623.04 - 773.95 range, which is quite wide. It is currently trading near the high of this range.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although UI has an excellent technical rating, it 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

395.62

756.07

5 important support areas can be observed.

A support zone ranging from 681.39 to 690.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 655.01 to 655.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @464.07 from a trend line in the weekly time frame.
A support zone ranging from 439.06 to 440.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @399.62 from a horizontal line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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	UP	POSITIVE	The short term trend for UI is up.
ChartMill Relative Strength	97.42	POSITIVE	UI has a high relative strength, it outperformed 97.42% 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)	71.57	OVERBOUGHT	The high RSI value suggests UI may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	3.74	POSITIVE	The MACD value suggests UI has a positive trend, although the MACD value is declining.
Stochastics (14,3)	82.51	OVERBOUGHT	The high Stochastics value suggests UI may be overbought.
Average True Range in percent/ATR (20)	4.12	MEDIUM VOLATILITY	The ATR as a percentage value for UI suggests some volalility.
Average Directional Index/ADX (14)	39.62	POSITIVE	The high ADX value value for UI suggests a strong trend.