URBAN ONE INC (UONEK) Stock Technical Analysis
NASDAQ:UONEK - Nasdaq - US91705J2042 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to UONEK. In the last year, UONEK was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
90% of all other stocks performed better in the past year than UONEK.
UONEK is one of the lesser performing stocks in the Media industry. 64% of 98 stocks in the same industry do better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month UONEK has a been trading in the 0.57 - 0.77 range, which is quite wide. It is currently trading near the high of this range.
UONEK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UONEK is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
0.61
0.84
We found 3 important support areas.
- A support zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 0.65 to 0.68. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.76 to 0.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.80 to 0.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 0.83 to 0.83. 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 | NEUTRAL | NEUTRAL | The long term trend for UONEK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UONEK is up. |
| ChartMill Relative Strength | 10.54 | NEGATIVE | UONEK has a low relative strength, it was outperformed by 89.46% 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) | DOWN | NEGATIVE | The current price of UONEK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.28 | NEUTRAL | The RSI value for UONEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests UONEK has a positive trend. |
| Stochastics (14,3) | 66.72 | NEUTRAL | The Stochastics value for UONEK is a neutral value. |
| Average True Range in percent/ATR (20) | 7.11 | HIGH VOLATILITY | The high ATR as a percentage value for UONEK suggests high volalility. |
| Average Directional Index/ADX (14) | 57.23 | 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)
0.74
+0.01 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.36%
1 Week13.85%
2 Weeks19.35%
1 Month20.82%
3 Month5.56%
6 Month-5.73%
12 Month-45.59%
2 Year-86.27%
3 Year-82.34%
5 Year-32.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%7.11%
ATR Inc49.18%
Range Today0.03
ADR(20)0.05
ADR(20)%6.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.54
Mansfield-1.95
10 Day High0.77
10 Day Low0.63
20 Day High0.77
20 Day Low0.57
52 Week High1.42
52 Week Low0.44
CS1 End0.74
CR1 Start0.76
Volume & EV
DER(3)6.73%
DER(5)3.55%
Volume13.54K
Volume Incr-76.08%
Vol(5)17.06K
Vol(50)128.85K