UOKA Technical Analysis - MDJM LTD

Technical Rating and Analysis

Taking everything into account, UOKA scores 6 out of 10 in our technical rating. In the last year, UOKA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, UOKA is a bad performer in the overall market: 100% of all stocks are doing better.

UOKA is one of the lesser performing stocks in the Real Estate Management & Development industry. 93% of 64 stocks in the same industry do better.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

In the last month UOKA has a been trading in the 2.42 - 3.52 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

UOKA has an average technical rating and it also does not offer a high quality setup 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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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.42

3.45

We found 4 important support areas.

A support zone ranging from 2.72 to 2.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 2.60 to 2.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @2.55 from a horizontal line in the daily time frame.
Support @2.44 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 3.34 to 3.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @3.42 from a horizontal line in the daily time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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 UOKA is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for UOKA is up.
ChartMill Relative Strength	0	NEGATIVE	UOKA has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of UOKA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of UOKA is above the rising SMA(50).
Relative Strength Index/RSI (14)	70.88	OVERBOUGHT	The high RSI value suggests UOKA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.08	POSITIVE	The MACD value suggests UOKA has a positive trend.
Stochastics (14,3)	79.78	NEUTRAL	The Stochastics value for UOKA is a neutral value.
Average True Range in percent/ATR (20)	8.2	HIGH VOLATILITY	The high ATR as a percentage value for UOKA suggests high volalility.
Average Directional Index/ADX (14)	34.89	POSITIVE	The high ADX value value for UOKA suggests a strong trend.