INNOVATOR U.S. EQUITY ULTRA (UOCT) Stock Technical Analysis
USA - NYSEARCA:UOCT - US45782C8212 - ETF
We assign a technical rating of 7 out of 10 to UOCT. Although UOCT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although UOCT has an excellent technical rating, the quality of the presented setup is not ideal 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.
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32.84
When analyzing the support we can see 4 important areas.
- A support zone ranging from 37.83 to 38.60. 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.
- Support @33.17 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 38.91 to 38.91. 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 | 58.62 | 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) | 70.38 | OVERBOUGHT | The high RSI value suggests UOCT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests UOCT has a positive trend. |
| Stochastics (14,3) | 78.73 | NEUTRAL | The Stochastics value for UOCT is a neutral value. |
| 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) | 27.16 | 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 |
|---|---|---|---|
| 38.92 | 38.17 | 0.75 (1.93%) | 25.00% |
| An entry @38.92. 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 0.75 points, which is 1.93%. | 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 (10/29/2025, 1:35:43 PM)
38.8611
-0.03 (-0.09%)
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 70.3756. This indicates that the stock is currently overbought.
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 38.6 and a resistance level at 38.91. Check the full technical report for our detailed analysis of UOCT support and resistance levels.