URBAN ONE INC (UONEK) Stock Technical Analysis
USA - NASDAQ:UONEK - US91705J2042 - Common Stock
0.726 USD
+0.05 (+6.75%)
0.726 USD
0 (0%)
Taking everything into account, UONEK scores 2 out of 10 in our technical rating. UONEK performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, UONEK is a bad performer in the overall market: 83% of all stocks are doing better.
UONEK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month UONEK has a been trading in the 0.66 - 1.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: UONEK has an average volume of 22525 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
UONEK is an average performer in the Media industry, it outperforms 46% of 99 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, UONEK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.73, a Stop Loss order could be placed below this zone.
More info and screens
0.67
0.95
We found 2 important support areas.
- A support zone ranging from 0.72 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.80 from a trend line in the weekly time frame.
- Resistance @0.90 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.93 to 0.94. This zone is formed by a combination of multiple trend lines in the daily 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 UONEK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UONEK is down. |
| ChartMill Relative Strength | 17.11 | NEGATIVE | UONEK has a low relative strength, it was outperformed by 82.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UONEK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UONEK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UONEK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.97 | NEUTRAL | The RSI value for UONEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests UONEK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.24 | OVERSOLD | The low Stochastics value suggests UONEK may be oversold. |
| Average True Range in percent/ATR (20) | 11.37 | HIGH VOLATILITY | The high ATR as a percentage value for UONEK suggests high volalility. |
| Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for UONEK suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.726
+0.05 (+6.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg6.75%
1 Week0.55%
2 Weeks-7.16%
1 Month-22.77%
3 Month6.92%
6 Month17.08%
12 Month-28.82%
2 Year-86.33%
3 Year-85.39%
5 Year-23.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%11.37%
ATR Inc-30.96%
Range Today0.03
ADR(20)0.08
ADR(20)%11.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.11
Mansfield-1.75
10 Day High0.83
10 Day Low0.66
20 Day High1
20 Day Low0.66
52 Week High1.4
52 Week Low0.44
CS1 End0.73
CR1 Start0.73
Volume & EV
DER(3)-10.67%
DER(5)-5.75%
Volume9.60K
Volume Incr-54.12%
Vol(5)13.00K
Vol(50)22.53K