UNUSUAL MACHINES INC /US (UMAC) Stock Technical Analysis
NYSEARCA:UMAC - US91532F1021 - Common Stock
9.6 USD
-0.57 (-5.6%)
9.71 USD
+0.11 (+1.15%)
Taking everything into account, UMAC scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UMAC is showing a nice and steady performance.
In the last month UMAC has a been trading in the 8.85 - 11.96 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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.
UMAC is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. UMAC outperforms 98% of them.
UMAC has an average volume of 4099320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
UMAC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
5.93
12.29
3 important support areas can be observed.
- A support zone ranging from 9.59 to 9.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.33 from a trend line in the weekly time frame.
- Support @5.99 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @11.36 from a trend line in the daily time frame.
- 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 | 99.3 | POSITIVE | UMAC has a high relative strength, it outperformed 99.3% 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) | 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) | 46.02 | NEUTRAL | The RSI value for UMAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests UMAC has a negative trend. |
| Stochastics (14,3) | 34.94 | NEUTRAL | The Stochastics value for UMAC is a neutral value. |
| Average True Range in percent/ATR (20) | 9.74 | HIGH VOLATILITY | The high ATR as a percentage value for UMAC suggests high volalility. |
| Average Directional Index/ADX (14) | 24.79 | NEUTRAL | The ADX value for UMAC suggests a possible start of a new 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)
9.6
-0.57 (-5.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-5.6%
1 Week-13.28%
2 Weeks-2.83%
1 Month8.6%
3 Month93.55%
6 Month33.7%
12 Month488.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.97
ATR(20)%9.74%
ATR Inc-29.07%
Range Today0.6
ADR(20)0.9
ADR(20)%9.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.3
Mansfield1.47
10 Day High11.96
10 Day Low8.95
20 Day High11.96
20 Day Low8.85
52 Week High23.62
52 Week Low1.28
CS1 End9.59
CR1 Start11.36
Volume & EV
DER(3)-7.68%
DER(5)-4.58%
Volume3.13M
Volume Incr8.11%
Vol(5)2.83M
Vol(50)4.10M