URBAN ONE INC (UONE) Stock Technical Analysis
NASDAQ:UONE • US91705J1051
We assign a technical rating of 4 out of 10 to UONE. In the past year, UONE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, UONE is a bad performer in the overall market: 74% of all stocks are doing better.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- UONE is an average performer in the Media industry, it outperforms 68% of 92 stocks in the same industry.
- UONE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UONE is lagging the market.
- In the last month UONE has a been trading in the 8.60 - 16.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, UONE does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for UONE 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
10.98
We found 1 important support area.
- Support @11.09 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @13.63 from a horizontal line in the weekly time frame.
- Resistance @14.83 from a trend line in the daily time frame.
- Resistance @15.10 from a horizontal line in the daily time frame.
- Resistance @16.09 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for UONE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UONE is neutral. |
| ChartMill Relative Strength | 26.67 | NEGATIVE | UONE has a low relative strength, it was outperformed by 73.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UONE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UONE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UONE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.87 | NEUTRAL | The RSI value for UONE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests UONE has a negative trend. |
| Stochastics (14,3) | 32.78 | NEUTRAL | The Stochastics value for UONE is a neutral value. |
| Average True Range in percent/ATR (20) | 18.09 | HIGH VOLATILITY | The high ATR as a percentage value for UONE suggests high volalility. |
| Average Directional Index/ADX (14) | 28.09 | POSITIVE | The high ADX value value for UONE suggests a strong trend. |
12.15
+0.21 (+1.72%)
URBAN ONE INC / UONE FAQ
What is the technical rating for UONE stock?
ChartMill assigns a technical rating of 4 / 10 to UONE.
What is the current trend direction of URBAN ONE INC (UONE) stock?
The current trend direction for URBAN ONE INC (UONE) is Bearish.
Can you provide the RSI signal for URBAN ONE INC?
URBAN ONE INC (UONE) has an RSI value of 51.8687. This indicates that the stock is currently neutral.
What is the short term momentum for URBAN ONE INC (UONE) stock?
The short term momentum for URBAN ONE INC (UONE) is neutral.
What is the support and resistance level for UONE stock?
URBAN ONE INC (UONE) has a support level at 11.09 and a resistance level at 13.63. Check the full technical report for our detailed analysis of UONE support and resistance levels.