Overall UONEK gets a technical rating of 6 out of 10. UONEK has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
UONEK 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.
More info and screens
0.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.46 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.89 from a trend line in the weekly time frame.
- Resistance @0.92 from a horizontal line in the daily time frame.
- Resistance @0.94 from a horizontal 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 | UP | POSITIVE | The long term trend for UONEK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UONEK is up. |
| ChartMill Relative Strength | 16.71 | NEGATIVE | UONEK has a low relative strength, it was outperformed by 83.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UONEK is above the rising 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) | UP | POSITIVE | The current price of UONEK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.93 | NEUTRAL | The RSI value for UONEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests UONEK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.4 | NEUTRAL | The Stochastics value for UONEK is a neutral value. |
| Average True Range in percent/ATR (20) | 11.34 | HIGH VOLATILITY | The high ATR as a percentage value for UONEK suggests high volalility. |
| Average Directional Index/ADX (14) | 42.68 | POSITIVE | The high ADX value value for UONEK suggests a strong trend. |
0.82
0 (-0.4%)
URBAN ONE INC / UONEK FAQ
Can you provide the ChartMill technical rating for URBAN ONE INC?
ChartMill assigns a technical rating of 6 / 10 to UONEK.
What is the current trend direction of URBAN ONE INC (UONEK) stock?
The current trend direction for URBAN ONE INC (UONEK) is Bullish.
What is the RSI signal for UONEK stock?
URBAN ONE INC (UONEK) has an RSI value of 59.9303. This indicates that the stock is currently neutral.
What is the MACD signal for URBAN ONE INC (UONEK) stock?
The MACD indicator for URBAN ONE INC (UONEK) has a value of 0.0186278, indicating a bearish trend.
Can you provide the support and resistance levels for URBAN ONE INC?
URBAN ONE INC (UONEK) has a support level at 0.81 and a resistance level at 0.89. Check the full technical report for our detailed analysis of UONEK support and resistance levels.