WHEELS UP EXPERIENCE INC (UP) Stock Technical Analysis
NYSE:UP - New York Stock Exchange, Inc. - US96328L2051 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to UP. In the past year, UP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
77% 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. 61% of 22 stocks in the same industry do better.
UP 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.
In the last month UP has a been trading in the 1.18 - 1.68 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
UP has an average volume of 1130610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Although the technical rating is only medium, UP does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
1.22
1.69
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 1.31 to 1.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.40 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.43 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.52 to 1.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.57 from a trend line in the daily time frame.
- Resistance @1.67 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 | NEUTRAL | NEUTRAL | The long term trend for UP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UP is neutral. |
| ChartMill Relative Strength | 23.07 | NEGATIVE | UP has a low relative strength, it was outperformed by 76.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UP is below the rising 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) | 42.75 | NEUTRAL | The RSI value for UP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests UP has a negative trend. |
| Stochastics (14,3) | 20.39 | NEUTRAL | The Stochastics value for UP is a neutral value. |
| Average True Range in percent/ATR (20) | 12.05 | HIGH VOLATILITY | The high ATR as a percentage value for UP suggests high volalility. |
| Average Directional Index/ADX (14) | 20.55 | NEUTRAL | The ADX value for UP suggests a possible start of a new 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)
1.23
-0.17 (-12.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-12.14%
1 Week-8.89%
2 Weeks-15.17%
1 Month1.65%
3 Month20.59%
6 Month-28.49%
12 Month-34.92%
2 Year5.13%
3 Year-93.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%12.05%
ATR Inc3.8%
Range Today0.19
ADR(20)0.14
ADR(20)%11.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.07
Mansfield-3.64
10 Day High1.65
10 Day Low1.23
20 Day High1.68
20 Day Low1.18
52 Week High4.59
52 Week Low0.74
CS1 EndN/A
CR1 Start1.31
Volume & EV
DER(3)-1.91%
DER(5)-4.57%
Volume11.83M
Volume Incr250.38%
Vol(5)3.44M
Vol(50)1.13M