UNUSUAL MACHINES INC /US (UMAC) Technical Analysis
NYSEARCA:UMAC • US91532F1021
Current stock price
UMAC Technical Rating and Analysis
Overall UMAC gets a technical rating of 4 out of 10. Although UMAC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, UMAC did better than 90% of all other stocks.
- UMAC has an average volume of 4652000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- UMAC is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, UMAC did better than 68% of them.
- 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.
- In the last month UMAC has a been trading in the 12.13 - 17.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
UMAC Weekly and Daily overview Charts
UMAC Setup Rating and Analysis
UMAC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
UMAC Support and Resistance Analysis
10.46
When analyzing the support we can see 5 important areas.
- Support @13.73 from a horizontal line in the daily time frame.
- Support @12.86 from a trend line in the weekly time frame.
- Support @11.98 from a trend line in the daily time frame.
- Support @11.09 from a horizontal line in the daily time frame.
- Support @10.57 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.46 to 14.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.99 to 15.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
UMAC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for UMAC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UMAC is down. |
| ChartMill Relative Strength | 90.47 | POSITIVE | UMAC has a high relative strength, it outperformed 90.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UMAC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UMAC is below a declining 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) | 47.58 | NEUTRAL | The RSI value for UMAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests UMAC has a negative trend. |
| Stochastics (14,3) | 29.08 | NEUTRAL | The Stochastics value for UMAC is a neutral value. |
| Average True Range in percent/ATR (20) | 9.83 | HIGH VOLATILITY | The high ATR as a percentage value for UMAC suggests high volalility. |
| Average Directional Index/ADX (14) | 12.61 | NEGATIVE | The low ADX value for UMAC suggests a weak or negative trend. |
UMAC Chart- and CandleStick Pattern Analysis
UMAC Technicals: Chart, Performance Metrics, Trend & Indicators
14.19
-0.4 (-2.74%)
UNUSUAL MACHINES INC /US / UMAC TA FAQ
What is the ChartMill technical rating of UNUSUAL MACHINES INC /US (UMAC) stock?
ChartMill assigns a technical rating of 4 / 10 to UMAC.
Can you provide the trend direction for UNUSUAL MACHINES INC /US?
The current trend direction for UNUSUAL MACHINES INC /US (UMAC) is Bearish.
What is the RSI signal for UNUSUAL MACHINES INC /US (UMAC) stock?
UNUSUAL MACHINES INC /US (UMAC) has an RSI value of 47.5762. This indicates that the stock is currently neutral.
What is the short term momentum for UNUSUAL MACHINES INC /US (UMAC) stock?
The short term momentum for UNUSUAL MACHINES INC /US (UMAC) is negative.
What is the support and resistance level for UMAC stock?
UNUSUAL MACHINES INC /US (UMAC) has a support level at 13.73 and a resistance level at 14.46. Check the full technical report for our detailed analysis of UMAC support and resistance levels.