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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, UI did better than 95% of all other stocks. On top of that, UI also shows a nice and consistent pattern of rising prices.
UI is part of the Communications Equipment industry. There are 48 other stocks in this industry. UI outperforms 85% of them.
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 393.31 - 473.72 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, but the quality of the setup is only medium 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.
More info and screens
287.87
465.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 427.14 to 432.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @333.49 from a trend line in the weekly time frame.
- Support @290.78 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 456.69 to 460.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 95.35 | POSITIVE | UI has a high relative strength, it outperformed 95.35% 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) | 54.42 | NEUTRAL | The RSI value for UI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.31 | NEGATIVE | The MACD value suggests UI has a negative trend. |
| Stochastics (14,3) | 40.39 | NEUTRAL | The Stochastics value for UI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for UI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.25 | 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)
437.87
+10.72 (+2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg2.51%
1 Week-4.71%
2 Weeks-2.23%
1 Month4.78%
3 Month5.89%
6 Month12.27%
12 Month151.46%
2 Year150.17%
3 Year41.07%
5 Year140.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)19.95
ATR(20)%3.96%
ATR Inc41.01%
Range Today14.52
ADR(20)16.47
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.35
Mansfield2.26
10 Day High473.72
10 Day Low406.94
20 Day High473.72
20 Day Low393.31
52 Week High473.72
52 Week Low165.5
CS1 End432.37
CR1 Start456.69
Volume & EV
DER(3)0.49%
DER(5)-0.23%
Volume87.70K
Volume Incr5.98%
Vol(5)117.02K
Vol(50)105.56K