UNUSUAL MACHINES INC /US (UMAC) Technical Analysis
NYSEARCA:UMAC • US91532F1021
Current stock price
UMAC Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to UMAC. Both in the recent history as in the last year, UMAC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt 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 92% of all stocks. On top of that, UMAC also shows a nice and consistent pattern of rising prices.
- UMAC is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 70% of 124 stocks in the same industry.
- UMAC has an average volume of 4592650 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.
- In the last month UMAC has a been trading in the 10.64 - 17.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UMAC Weekly and Daily overview Charts
UMAC Setup Rating and Analysis
UMAC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
UMAC Support and Resistance Analysis
10.35
4 important support areas can be observed.
- Support @12.65 from a trend line in the weekly time frame.
- Support @11.79 from a trend line in the daily time frame.
- Support @11.09 from a horizontal line in the daily time frame.
- Support @10.45 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @16.45 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 | 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 | 92.43 | POSITIVE | UMAC has a high relative strength, it outperformed 92.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UMAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UMAC is below 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) | 49.2 | NEUTRAL | The RSI value for UMAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests UMAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.61 | NEUTRAL | The Stochastics value for UMAC is a neutral value. |
| Average True Range in percent/ATR (20) | 10.69 | HIGH VOLATILITY | The high ATR as a percentage value for UMAC suggests high volalility. |
| Average Directional Index/ADX (14) | 13.32 | 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
14.65
-1.48 (-9.18%)
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 10 / 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 Bullish.
What is the RSI signal for UNUSUAL MACHINES INC /US (UMAC) stock?
UNUSUAL MACHINES INC /US (UMAC) has an RSI value of 49.2012. 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 neutral.
What is the support and resistance level for UMAC stock?
UNUSUAL MACHINES INC /US (UMAC) has a support level at 12.65 and a resistance level at 16.45. Check the full technical report for our detailed analysis of UMAC support and resistance levels.