WHEELS UP EXPERIENCE INC (UP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:UP - US96328L2051 - Common Stock
We assign a technical rating of 0 out of 10 to UP. 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.
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. There is a support zone below the current price at 0.60, a Stop Loss order could be placed below this zone.
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0.59
When analyzing the support we notice one important area.
- 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.
We can see 2 important resistance areas.
- Resistance @0.71 from a horizontal line in the daily time frame.
- Resistance @1.62 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 | 3.53 | NEGATIVE | UP has a low relative strength, it was outperformed by 96.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UP is above 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) | 45.07 | NEUTRAL | The RSI value for UP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests UP has a positive trend. |
| Stochastics (14,3) | 44.28 | NEUTRAL | The Stochastics value for UP is a neutral value. |
| Average True Range in percent/ATR (20) | 11.14 | HIGH VOLATILITY | The high ATR as a percentage value for UP suggests high volalility. |
| Average Directional Index/ADX (14) | 19.81 | NEGATIVE | The low ADX value for UP suggests a weak or negative trend. |
0.676
+0.02 (+3.81%)
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 45.0709. 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 0.0214195, 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.