URBAN ONE INC (UONEK) Stock Technical Analysis
NASDAQ:UONEK - Nasdaq - US91705J2042 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to UONEK. UONEK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
92% of all other stocks performed better in the past year than UONEK.
UONEK is part of the Media industry. There are 97 other stocks in this industry, of which 67% are performing better than UONEK.
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.
Warning: UONEK has an average volume of 25918 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month UONEK has a been trading in the 0.60 - 0.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
UONEK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.59
0.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.65 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.62 from a trend line in the daily time frame.
- A support zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @0.68 from a trend line in the daily time frame.
- Resistance @0.70 from a trend line in the daily time frame.
- A resistance zone ranging from 0.72 to 0.74. 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 | DOWN | NEGATIVE | The long term trend for UONEK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UONEK is neutral. |
| ChartMill Relative Strength | 8.83 | NEGATIVE | UONEK has a low relative strength, it was outperformed by 91.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UONEK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UONEK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UONEK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.72 | NEUTRAL | The RSI value for UONEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests UONEK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.46 | NEUTRAL | The Stochastics value for UONEK is a neutral value. |
| Average True Range in percent/ATR (20) | 9.42 | HIGH VOLATILITY | The high ATR as a percentage value for UONEK suggests high volalility. |
| Average Directional Index/ADX (14) | 61.19 | POSITIVE | The high ADX value value for UONEK suggests a strong 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)
0.679
+0.04 (+6.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg6.95%
1 Week-1.88%
2 Weeks-4.62%
1 Month-3.77%
3 Month9.5%
6 Month-30.71%
12 Month-51.5%
2 Year-88.05%
3 Year-80.66%
5 Year-55.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%9.42%
ATR Inc-52.98%
Range Today0.05
ADR(20)0.06
ADR(20)%9.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.83
Mansfield-3.29
10 Day High0.72
10 Day Low0.61
20 Day High0.74
20 Day Low0.61
52 Week High1.57
52 Week Low0.44
CS1 EndN/A
CR1 Start0.64
Volume & EV
DER(3)-12.26%
DER(5)-24.75%
Volume3.22K
Volume Incr1.03%
Vol(5)13.52K
Vol(50)25.92K