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 5 out of 10. In the last year, UMAC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month UMAC has a been trading in the 10.64 - 23.38 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that UMAC is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by UMAC over the past year are nicely spread over this period.
- UMAC is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. UMAC outperforms 81% of them.
- UMAC has an average volume of 4108160 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 currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UMAC is lagging the market slightly.
UMAC Weekly and Daily overview Charts
UMAC Setup Rating and Analysis
UMAC has an average technical rating and it also 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
UMAC Support and Resistance Analysis
7.51
We found 5 important support areas.
- Support @11.77 from a horizontal line in the weekly time frame.
- A support zone ranging from 11.09 to 11.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.10 from a trend line in the weekly time frame.
- Support @9.61 from a trend line in the weekly time frame.
- Support @7.59 from a horizontal line 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 | 93.88 | POSITIVE | UMAC has a high relative strength, it outperformed 93.88% 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) | 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) | 45.39 | NEUTRAL | The RSI value for UMAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests UMAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.94 | OVERSOLD | The low Stochastics value suggests UMAC may be oversold. |
| Average True Range in percent/ATR (20) | 16.53 | HIGH VOLATILITY | The high ATR as a percentage value for UMAC suggests high volalility. |
| Average Directional Index/ADX (14) | 25.18 | POSITIVE | The high ADX value value for UMAC suggests a strong trend. |
UMAC Chart- and CandleStick Pattern Analysis
UMAC Technicals: Chart, Performance Metrics, Trend & Indicators
13.6
+1.26 (+10.21%)
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 5 / 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 45.3914. 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 11.77. Check the full technical report for our detailed analysis of UMAC support and resistance levels.