Unit Corp (UNT) Stock Technical Analysis
USA - NYSE:UNT -
0.2358
-0.02 (-6.06%)
0.2311
0 (-1.99%)
Taking everything into account, UNT scores 0 out of 10 in our technical rating. UNT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than UNT.
UNT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month UNT has a been trading in the 0.22 - 0.36 range, which is quite wide. It is currently trading near the lows of this range.
UNT has an average volume of 2813450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, UNT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.29. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for UNT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.23
0.29
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in the daily 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 | DOWN | NEGATIVE | The long term trend for UNT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UNT is down. |
| ChartMill Relative Strength | 1.35 | NEGATIVE | UNT has a low relative strength, it was outperformed by 98.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.05 | NEUTRAL | The RSI value for UNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests UNT has a negative trend. |
| Stochastics (14,3) | 31.23 | NEUTRAL | The Stochastics value for UNT is a neutral value. |
| Average True Range in percent/ATR (20) | 14.75 | HIGH VOLATILITY | The high ATR as a percentage value for UNT suggests high volalility. |
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)
0.2358
-0.02 (-6.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.06%
1 Week-1.17%
2 Weeks-12.67%
1 Month-15.6%
3 Month-49.75%
6 Month-67.25%
12 Month-97.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%14.75%
ATR Inc-25.32%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.35
Mansfield-9.09
10 Day High0.29
10 Day Low0.22
20 Day High0.36
20 Day Low0.22
52 Week High10.05
52 Week Low0.14
CS1 EndN/A
CR1 Start0.29
Volume & EV
DER(3)4.01%
DER(5)1.44%
Volume1.66M
Volume Incr-59.54%
Vol(5)1.69M
Vol(50)2.81M