URBAN ONE INC (UONE) Stock Technical Analysis
NASDAQ:UONE • US91705J1051
Taking everything into account, UONE scores 4 out of 10 in our technical rating. 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.
- 78% of all other stocks performed better in the past year than UONE.
- 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 64% of 91 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 9.20 - 16.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UONE has only a medium technical rating, but it does show 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 13.12. Right above this resistance zone may be a good entry point.
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 5 important areas.
- A resistance zone ranging from 13.12 to 13.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.63 from a horizontal line in the weekly time frame.
- Resistance @14.72 from a trend line in the daily time frame.
- Resistance @15.10 from a horizontal line in the daily time frame.
- Resistance @16.02 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 | 22.39 | NEGATIVE | UONE has a low relative strength, it was outperformed by 77.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UONE is below 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) | 50.01 | NEUTRAL | The RSI value for UONE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests UONE has a negative trend. |
| Stochastics (14,3) | 27.81 | NEUTRAL | The Stochastics value for UONE is a neutral value. |
| Average True Range in percent/ATR (20) | 19.33 | HIGH VOLATILITY | The high ATR as a percentage value for UONE suggests high volalility. |
| Average Directional Index/ADX (14) | 28.36 | POSITIVE | The high ADX value value for UONE suggests a strong trend. |
11.93
-1.36 (-10.23%)
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 50.0131. 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 13.12. Check the full technical report for our detailed analysis of UONE support and resistance levels.