Taking everything into account, UMX scores 5 out of 10 in our technical rating. In the last year, UMX was one of the better performers, but we do observe some doubts in the very recent evolution.
UMX 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
23.22
We found 3 important support areas.
- A support zone ranging from 27.43 to 27.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.08 from a trend line in the daily time frame.
- Support @23.45 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 28.19 to 28.63. 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 29.60 to 29.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 UMX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UMX is down. |
| ChartMill Relative Strength | 80.18 | POSITIVE | UMX has a high relative strength, it outperformed 80.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UMX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UMX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UMX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.06 | NEUTRAL | The RSI value for UMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests UMX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.65 | OVERSOLD | The low Stochastics value suggests UMX may be oversold. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for UMX suggests some volalility. |
Ultra Msci Mexico Investable Market
NYSEARCA:UMX (9/6/2017, 8:04:03 PM)
28.11
+0.68 (+2.48%)
Ultra Msci Mexico Investable Market / UMX FAQ
What is the ChartMill technical rating of Ultra Msci Mexico Investable Market (UMX) stock?
ChartMill assigns a technical rating of 4 / 10 to UMX.
What is the trend direction for UMX stock?
The current trend direction for Ultra Msci Mexico Investable Market (UMX) is Bullish.
Can you provide the RSI signal for Ultra Msci Mexico Investable Market?
Ultra Msci Mexico Investable Market (UMX) has an RSI value of 47.0643. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Ultra Msci Mexico Investable Market?
The MACD indicator for Ultra Msci Mexico Investable Market (UMX) has a value of -0.170566, indicating a bearish trend.
What is the buy/sell signal for UMX stock?
The buy/sell signal for Ultra Msci Mexico Investable Market (UMX) is hold as the short term and long term trends are mixed.