WHEELS UP EXPERIENCE INC (UP) Stock Technical Analysis
NYSE:UP • US96328L2051
Taking everything into account, UP scores 0 out of 10 in our technical rating. UP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than UP.
- UP is one of the lesser performing stocks in the Passenger Airlines industry. 66% of 22 stocks in the same industry do better.
- UP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month UP has a been trading in the 0.55 - 0.78 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- UP has an average volume of 5448090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, UP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
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0.57
When analyzing the resistance we notice 3 important areas.
- Resistance @0.66 from a trend line in the daily time frame.
- Resistance @0.81 from a trend line in the daily time frame.
- Resistance @1.40 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for UP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UP is down. |
| ChartMill Relative Strength | 12 | NEGATIVE | UP has a low relative strength, it was outperformed by 88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.39 | NEUTRAL | The RSI value for UP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests UP has a negative trend. |
| Stochastics (14,3) | 26.28 | NEUTRAL | The Stochastics value for UP is a neutral value. |
| Average True Range in percent/ATR (20) | 12.3 | HIGH VOLATILITY | The high ATR as a percentage value for UP suggests high volalility. |
| Average Directional Index/ADX (14) | 12.04 | NEGATIVE | The low ADX value for UP suggests a weak or negative trend. |
0.5751
-0.02 (-3.44%)
WHEELS UP EXPERIENCE INC / UP FAQ
What is the technical rating for UP stock?
ChartMill assigns a technical rating of 0 / 10 to UP.
Can you provide the trend direction for WHEELS UP EXPERIENCE INC?
The current trend direction for WHEELS UP EXPERIENCE INC (UP) is Bearish.
What is the RSI signal for WHEELS UP EXPERIENCE INC (UP) stock?
WHEELS UP EXPERIENCE INC (UP) has an RSI value of 39.3898. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WHEELS UP EXPERIENCE INC?
The MACD indicator for WHEELS UP EXPERIENCE INC (UP) has a value of -0.00165785, indicating a bearish trend.
Can you provide the short term momentum for WHEELS UP EXPERIENCE INC?
The short term momentum for WHEELS UP EXPERIENCE INC (UP) is negative.