UNITED STATES 12 MONTH NATUR (UNL) Stock Technical Analysis
USA - NYSEARCA:UNL - US91288X1090 - ETF
Taking everything into account, UNL scores 7 out of 10 in our technical rating. Although UNL has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Besides having an excellent technical rating, UNL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 8.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UNL in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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7.35
3 important support areas can be observed.
- A support zone ranging from 7.93 to 8.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.63 to 7.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.42 to 7.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.31 to 8.46. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for UNL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UNL is up. |
| ChartMill Relative Strength | 81.57 | POSITIVE | UNL has a high relative strength, it outperformed 81.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UNL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UNL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UNL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.54 | NEUTRAL | The RSI value for UNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests UNL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.06 | NEUTRAL | The Stochastics value for UNL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for UNL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.42 | NEGATIVE | The low ADX value for UNL suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 8.47 | 8.09 | 0.38 (4.49%) | 22.29% |
| An entry @8.47. This is a Buy Stop order right above the resistance zone. | An exit @8.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.38 points, which is 4.49%. | When investing 22.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
8.31
-0.06 (-0.72%)
UNITED STATES 12 MONTH NATUR / UNL FAQ
Can you provide the ChartMill technical rating for UNITED STATES 12 MONTH NATUR?
ChartMill assigns a technical rating of 7 / 10 to UNL.
What is the trend direction for UNL stock?
The current trend direction for UNITED STATES 12 MONTH NATUR (UNL) is Bearish.
What is the RSI signal for UNL stock?
UNITED STATES 12 MONTH NATUR (UNL) has an RSI value of 57.5402. This indicates that the stock is currently neutral.
What is the MACD signal for UNITED STATES 12 MONTH NATUR (UNL) stock?
The MACD indicator for UNITED STATES 12 MONTH NATUR (UNL) has a value of 0.00181424, indicating a bearish trend.
Can you provide the support and resistance levels for UNITED STATES 12 MONTH NATUR?
UNITED STATES 12 MONTH NATUR (UNL) has a support level at 8.15 and a resistance level at 8.31. Check the full technical report for our detailed analysis of UNL support and resistance levels.