UNUSUAL MACHINES INC /US (UMAC) Stock Technical Analysis
NYSEARCA:UMAC - NYSE Arca - US91532F1021 - Common Stock - Currency: USD
Overall UMAC gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month UMAC has a been trading in the 8.51 - 13.38 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that UMAC is one of the better performing stocks in the market, outperforming 99% of all stocks.
UMAC is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. UMAC outperforms 97% of them.
UMAC has an average volume of 5473530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UMAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UMAC is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although UMAC 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
4.66
12.29
6 important support areas can be observed.
- Support @10.07 from a trend line in the daily time frame.
- Support @9.25 from a trend line in the daily time frame.
- A support zone ranging from 8.83 to 8.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.02 from a trend line in the weekly time frame.
- Support @5.74 from a trend line in the daily time frame.
- Support @4.71 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.39 to 10.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.29 to 11.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.17 from a horizontal line in the daily 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 UMAC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UMAC is neutral. |
| ChartMill Relative Strength | 99.03 | POSITIVE | UMAC has a high relative strength, it outperformed 99.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UMAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UMAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UMAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.69 | NEUTRAL | The RSI value for UMAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests UMAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.84 | NEUTRAL | The Stochastics value for UMAC is a neutral value. |
| Average True Range in percent/ATR (20) | 10.99 | HIGH VOLATILITY | The high ATR as a percentage value for UMAC suggests high volalility. |
| Average Directional Index/ADX (14) | 30.26 | POSITIVE | The high ADX value value for UMAC 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)
10.09
+0.5 (+5.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg5.21%
1 Week14.14%
2 Weeks-7.77%
1 Month-16.75%
3 Month87.55%
6 Month-13.39%
12 Month404.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%10.99%
ATR Inc-32.38%
Range Today0.71
ADR(20)1.07
ADR(20)%10.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.03
Mansfield2.94
10 Day High11.24
10 Day Low8.51
20 Day High13.38
20 Day Low8.51
52 Week High23.62
52 Week Low1.28
CS1 End10.07
CR1 Start10.39
Volume & EV
DER(3)-3.1%
DER(5)-0.37%
Volume1.89M
Volume Incr-52.5%
Vol(5)2.83M
Vol(50)5.47M