UBIQUITI INC (UI) Stock Technical Analysis
NYSE:UI - US90353W1036 - Common Stock
524.31 USD
-10.84 (-2.03%)
524.31 USD
0 (0%)
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 96% 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 85% of 48 stocks in the same industry.
UI is currently making a new 52 week high. This is a strong signal. 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 380.00 - 543.99 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
340.07
529.55
When analyzing the support we can see 2 important areas.
- Support @396.27 from a trend line in the daily time frame.
- Support @343.50 from a trend line 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 | UP | POSITIVE | The short term trend for UI is up. |
| ChartMill Relative Strength | 96.76 | POSITIVE | UI has a high relative strength, it outperformed 96.76% 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) | 65.67 | NEUTRAL | The RSI value for UI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 10.26 | POSITIVE | The MACD value suggests UI has a positive trend. |
| Stochastics (14,3) | 94.28 | OVERBOUGHT | The high Stochastics value suggests UI may be overbought. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for UI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.18 | POSITIVE | The high ADX value value for UI suggests a strong 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)
524.31
-10.84 (-2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-2.03%
1 Week32.88%
2 Weeks8.22%
1 Month22.38%
3 Month32.64%
6 Month53.45%
12 Month170.93%
2 Year199.55%
3 Year68.92%
5 Year188.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)29.7
ATR(20)%5.2%
ATR Inc-30.43%
Range Today25.23
ADR(20)23.3
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.76
Mansfield3.74
10 Day High543.99
10 Day Low380
20 Day High543.99
20 Day Low380
52 Week High543.99
52 Week Low186.4
CS1 End396.27
CR1 StartN/A
Volume & EV
DER(3)1.88%
DER(5)1.93%
Volume196.15K
Volume Incr194.65%
Vol(5)343.56K
Vol(50)142.34K