INNOVATOR U.S. EQUITY ULTRA (UOCT) Stock Technical Analysis
USA - NYSEARCA:UOCT - US45782C8212 - ETF
Taking everything into account, UOCT scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UOCT is only an average performer.
Besides having an excellent technical rating, UOCT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 38.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.64, a Stop Loss order could be placed below this zone.
More info and screens
32.72
We found 4 important support areas.
- A support zone ranging from 37.83 to 38.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.07 from a horizontal line in the daily time frame.
- Support @35.94 from a horizontal line in the daily time frame.
- A support zone ranging from 33.05 to 33.17. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.85 to 38.90. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for UOCT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UOCT is up. |
| ChartMill Relative Strength | 60.09 | NEUTRAL | UOCT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UOCT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UOCT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UOCT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.92 | NEUTRAL | The RSI value for UOCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests UOCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.06 | OVERBOUGHT | The high Stochastics value suggests UOCT may be overbought. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for UOCT suggests low volalility. |
| Average Directional Index/ADX (14) | 27.09 | POSITIVE | The high ADX value value for UOCT suggests a strong 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 |
|---|---|---|---|
| 38.91 | 38.17 | 0.74 (1.90%) | 25.00% |
| An entry @38.91. This is a Buy Stop order right above the resistance zone. | An exit @38.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.74 points, which is 1.90%. | For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NYSEARCA:UOCT (10/30/2025, 9:30:00 AM)
38.73
-0.11 (-0.28%)
INNOVATOR U.S. EQUITY ULTRA / UOCT FAQ
What is the ChartMill technical rating of INNOVATOR U.S. EQUITY ULTRA (UOCT) stock?
ChartMill assigns a technical rating of 7 / 10 to UOCT.
Can you provide the trend direction for INNOVATOR U.S. EQUITY ULTRA?
The current trend direction for INNOVATOR U.S. EQUITY ULTRA (UOCT) is Bullish.
Can you provide the RSI signal for INNOVATOR U.S. EQUITY ULTRA?
INNOVATOR U.S. EQUITY ULTRA (UOCT) has an RSI value of 66.9225. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INNOVATOR U.S. EQUITY ULTRA?
The short term momentum for INNOVATOR U.S. EQUITY ULTRA (UOCT) is positive.
What are the support and resistance levels for INNOVATOR U.S. EQUITY ULTRA (UOCT) stock?
INNOVATOR U.S. EQUITY ULTRA (UOCT) has a support level at 38.64 and a resistance level at 38.85. Check the full technical report for our detailed analysis of UOCT support and resistance levels.