UNILEVER PLC-SPONSORED ADR (UL) Stock Technical Analysis
NYSE:UL • US9047677045
Overall UL gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UL is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that UL is one of the better performing stocks in the market, outperforming 70% of all stocks.
- UL is part of the Personal Care Products industry. There are 36 other stocks in this industry. UL outperforms 82% of them.
- UL 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.
- UL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- UL has an average volume of 3152610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, UL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 74.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 73.35, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
61.59
We found 4 important support areas.
- A support zone ranging from 71.36 to 73.35. 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 67.56 to 68.17. 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 64.20 to 65.09. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @62.21 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 74.60 to 74.60. 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 UL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UL is up. |
| ChartMill Relative Strength | 70.87 | POSITIVE | UL has a high relative strength, it outperformed 70.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.53 | NEUTRAL | The RSI value for UL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests UL has a positive trend. |
| Stochastics (14,3) | 84.54 | OVERBOUGHT | The high Stochastics value suggests UL may be overbought. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for UL suggests low volalility. |
| Average Directional Index/ADX (14) | 29.01 | POSITIVE | The high ADX value value for UL suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 74.61 | 71.41 | 3.20 (4.29%) | 23.32% |
| An entry @74.61. This is a Buy Stop order right above the resistance zone. | An exit @71.41. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.20 points, which is 4.29%. | When investing 23.32% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
74.59
+0.61 (+0.82%)
UNILEVER PLC-SPONSORED ADR / UL FAQ
What is the technical rating for UL stock?
ChartMill assigns a technical rating of 9 / 10 to UL.
Can you provide the trend direction for UNILEVER PLC-SPONSORED ADR?
The current trend direction for UNILEVER PLC-SPONSORED ADR (UL) is Bullish.
Can you provide the RSI signal for UNILEVER PLC-SPONSORED ADR?
UNILEVER PLC-SPONSORED ADR (UL) has an RSI value of 69.525. This indicates that the stock is currently neutral.
What is the MACD signal for UL stock?
The MACD indicator for UNILEVER PLC-SPONSORED ADR (UL) has a value of 0.0875406, indicating a bearish trend.
What is the buy/sell signal for UNILEVER PLC-SPONSORED ADR (UL) stock?
The buy/sell signal for UNILEVER PLC-SPONSORED ADR (UL) is buy as both the short term and long term trends are positive.