UNICYCIVE THERAPEUTICS INC (UNCY) Technical Analysis
NASDAQ:UNCY • US90466Y2028
Current stock price
UNCY Technical Rating and Analysis
Overall UNCY gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UNCY is only an average performer.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, UNCY did better than 75% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- UNCY is part of the Biotechnology industry. There are 517 other stocks in this industry, UNCY did better than 58% of them.
- UNCY 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 UNCY is lagging the market slightly.
- In the last month UNCY has a been trading in the 6.28 - 7.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UNCY Weekly and Daily overview Charts
UNCY Setup Rating and Analysis
Besides having an excellent technical rating, UNCY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.69, a Stop Loss order could be placed below this zone.
More info and screens
UNCY Support and Resistance Analysis
4.21
We found 4 important support areas.
- A support zone ranging from 6.63 to 6.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.96 to 5.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.82 from a trend line in the daily time frame.
- Support @4.25 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.87 to 6.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.20 to 7.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
UNCY 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 UNCY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UNCY is neutral. |
| ChartMill Relative Strength | 75.5 | POSITIVE | UNCY has a high relative strength, it outperformed 75.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UNCY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UNCY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UNCY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.39 | NEUTRAL | The RSI value for UNCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests UNCY has a negative trend. |
| Stochastics (14,3) | 39.15 | NEUTRAL | The Stochastics value for UNCY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for UNCY suggests high volalility. |
| Average Directional Index/ADX (14) | 14.22 | NEGATIVE | The low ADX value for UNCY suggests a weak or negative trend. |
UNCY Chart- and CandleStick Pattern Analysis
UNCY Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.95 | 6.62 | 0.33 (4.75%) | 21.06% |
| An entry @6.95. This is a Buy Stop order right above the resistance zone. | An exit @6.62. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.33 points, which is 4.75%. | When investing 21.06% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of UNCY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
UNCY Technicals: Chart, Performance Metrics, Trend & Indicators
6.73
-0.08 (-1.17%)
UNICYCIVE THERAPEUTICS INC / UNCY TA FAQ
What is the technical rating for UNCY stock?
ChartMill assigns a technical rating of 7 / 10 to UNCY.
What is the trend direction for UNCY stock?
The current trend direction for UNICYCIVE THERAPEUTICS INC (UNCY) is Bullish.
What is the RSI signal for UNICYCIVE THERAPEUTICS INC (UNCY) stock?
UNICYCIVE THERAPEUTICS INC (UNCY) has an RSI value of 49.3925. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for UNICYCIVE THERAPEUTICS INC?
UNICYCIVE THERAPEUTICS INC (UNCY) has a support level at 6.69 and a resistance level at 6.87. Check the full technical report for our detailed analysis of UNCY support and resistance levels.