7.4 USD
-0.29 (-3.77%)
7.42 USD
+0.02 (+0.27%)
Overall UNIT gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UNIT is only an average performer.
- The long and short term trends are both positive. This is looking good!
- UNIT has an average volume of 2482750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, UNIT outperforms 40% of them, which is more or less in line with the market.
- UNIT is an average performer in the Diversified Telecommunication Services industry, it outperforms 52% of 37 stocks in the same industry.
- UNIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UNIT is lagging the market.
- In the last month UNIT has a been trading in the 6.61 - 8.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UNIT has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
5.81
9.25
When analyzing the support we can see 4 important areas.
- A support zone ranging from 7.32 to 7.35. 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 6.82 to 6.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.64 from a trend line in the daily time frame.
- Support @5.87 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.53 to 7.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.84 from a horizontal line in the daily time frame.
- Resistance @9.16 from a trend line in the weekly 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 UNIT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UNIT is up. |
| ChartMill Relative Strength | 40.78 | NEUTRAL | UNIT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UNIT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UNIT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UNIT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.71 | NEUTRAL | The RSI value for UNIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests UNIT has a negative trend. |
| Stochastics (14,3) | 56.05 | NEUTRAL | The Stochastics value for UNIT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for UNIT suggests some volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for UNIT suggests a strong 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)
7.4
-0.29 (-3.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-3.77%
1 Week-1.33%
2 Weeks1.37%
1 Month3.5%
3 Month23.33%
6 Month-23.08%
12 Month-22.68%
2 Year-15.18%
3 Year-32.3%
5 Year-63.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%4.65%
ATR Inc-16.88%
Range Today0.25
ADR(20)0.34
ADR(20)%4.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.78
3 months CRS90.88
6 months CRS14.16
Mansfield-0.89
10 Day High8.4
10 Day Low7.2
20 Day High8.4
20 Day Low6.61
52 Week High10.23
52 Week Low5.3
CS1 End7.35
CR1 Start7.53
Volume & EV
DER(3)0.16%
DER(5)0.2%
Volume1.10M
Volume Incr-24.59%
Vol(5)1.93M
Vol(50)2.48M
UNITI GROUP INC / UNIT FAQ
What is the technical rating for UNIT stock?
ChartMill assigns a technical rating of 8 / 10 to UNIT.
What is the current trend direction of UNITI GROUP INC (UNIT) stock?
The current trend direction for UNITI GROUP INC (UNIT) is Bullish.
What is the RSI signal for UNIT stock?
UNITI GROUP INC (UNIT) has an RSI value of 52.7062. This indicates that the stock is currently neutral.
What is the MACD signal for UNITI GROUP INC (UNIT) stock?
The MACD indicator for UNITI GROUP INC (UNIT) has a value of -0.0161453, indicating a bearish trend.
What is the short term momentum for UNIT stock?
The short term momentum for UNITI GROUP INC (UNIT) is positive.