UNITI GROUP INC (UNIT)

US91325V1089 - REIT

5.31  +0.01 (+0.19%)

After market: 5.31 0 (0%)

Technical Rating and Analysis

4

Overall UNIT gets a technical rating of 4 out of 10. Although UNIT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month UNIT has a been trading in the 5.28 - 6.39 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.
When comparing the yearly performance of all stocks, we notice that UNIT is one of the better performing stocks in the market, outperforming 90% of all stocks.
UNIT is one of the better performing stocks in the Specialized REITs industry, it outperforms 96% of 28 stocks in the same industry.
UNIT has an average volume of 1868350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
UNIT 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 UNIT is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
UNIT Weekly chart
UNIT Daily chart
Setup Rating and Analysis

2

UNIT 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.

Support and Resistance Analysis

4.79

6.60

We found 3 important support areas.

  • Support @5.08 from a trend line in the daily time frame.
  • Support @4.99 from a trend line in the weekly time frame.
  • A support zone ranging from 4.84 to 4.84. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 5.31 to 5.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 5.57 to 5.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 5.92 to 5.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @6.30 from a trend line in the weekly time frame.
  • Resistance @6.53 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.62
Mansfield-0.35
10 Day High5.93
10 Day Low5.28
20 Day High6.39
20 Day Low5.28
52 Week High6.71
52 Week Low2.94
Performance
1 Week-6.84%
2 Weeks-6.84%
1 Month-15.31%
3 Month-2.57%
6 Month23.49%
12 Month63.89%
2 Year-57.14%
3 Year-53.42%
5 Year-51.68%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)32.54
LBB5.24
UBB6.05
UNIT Daily chart

UNITI GROUP INC

NASDAQ:UNIT (4/18/2024, 7:25:37 PM)

After market: 5.31 0 (0%)

5.31

+0.01 (+0.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.19%
1 Week-6.84%
2 Weeks-6.84%
1 Month-15.31%
3 Month-2.57%
6 Month23.49%
12 Month63.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%3.59%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.93
10 Day Low5.28
20 Day High6.39
20 Day Low5.28
52 Week High6.71
52 Week Low2.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume961.90K
Volume Incr-31.11%
Vol(5)995.38K
Vol(50)1.87M