
USA - NYSE:UNT -
We assign a technical rating of 0 out of 10 to UNT. UNT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
0.23
We found 1 important resistance area.
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. |
0.2358
-0.02 (-6.06%)
ChartMill assigns a technical rating of 0 / 10 to UNT.
The current trend direction for Unit Corp (UNT) is Bearish.
Unit Corp (UNT) has an RSI value of 44.0461. This indicates that the stock is currently neutral.
The buy/sell signal for Unit Corp (UNT) is sell as both the short term and long term trends are negative.
Unit Corp (UNT) has a resistance level at 0.29. Check the full technical report for our detailed analysis of UNT support and resistance levels.