UBIQUITI INC (UI) Stock Technical Analysis
NYSE:UI - New York Stock Exchange, Inc. - US90353W1036 - Common Stock - Currency: USD
Overall UI gets a technical rating of 7 out of 10. UI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month UI has a been trading in the 368.42 - 417.74 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, UI did better than 97% of all other stocks. On top of that, UI also shows a nice and consistent pattern of rising prices.
UI is one of the better performing stocks in the Communications Equipment industry, it outperforms 89% of 50 stocks in the same industry.
UI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so UI is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although UI has an excellent technical rating, it does not present a decent entry opportunity 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
281.60
434.91
3 important support areas can be observed.
- A support zone ranging from 368.43 to 370.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @310.14 from a trend line in the weekly time frame.
- Support @284.44 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 391.63 to 397.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @415.42 from a horizontal line in the daily time frame.
- Resistance @430.60 from a horizontal 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 | DOWN | NEGATIVE | The short term trend for UI is down. |
| ChartMill Relative Strength | 97.2 | POSITIVE | UI has a high relative strength, it outperformed 97.2% 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 | 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) | 40.34 | NEUTRAL | The RSI value for UI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.13 | NEGATIVE | The MACD value suggests UI has a negative trend. |
| Stochastics (14,3) | 8.11 | OVERSOLD | The low Stochastics value suggests UI may be oversold. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for UI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.12 | 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)
370.57
-6.27 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-1.66%
1 Week-6.83%
2 Weeks-7.91%
1 Month-5.84%
3 Month17.05%
6 Month7.87%
12 Month158.25%
2 Year110.85%
3 Year49.3%
5 Year112.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.09
ATR(20)%3.31%
ATR Inc1.49%
Range Today12.01
ADR(20)11.46
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.2
Mansfield2.13
10 Day High417.74
10 Day Low368.42
20 Day High417.74
20 Day Low368.42
52 Week High469.98
52 Week Low140.26
CS1 End370.56
CR1 Start391.63
Volume & EV
DER(3)0.06%
DER(5)-0.4%
Volume221.90K
Volume Incr49.2%
Vol(5)128.58K
Vol(50)98.06K