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 5 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.
62% of all other stocks performed better in the past year than UP.
UP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UP is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
UP is part of the Passenger Airlines industry. There are 23 other stocks in this industry, UP did better than 63% of them.
In the last month UP has a been trading in the 1.16 - 1.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UP has an average technical rating and the quality of the presented setup is also not ideal 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
1.20
2.30
2 important support areas can be observed.
- A support zone ranging from 1.30 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.21 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.50 to 1.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.62 from a trend line in the daily time frame.
- A resistance zone ranging from 1.67 to 1.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.28 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for UP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UP is up. |
| ChartMill Relative Strength | 38.16 | NEUTRAL | UP is not amongst the best or worst performers 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 | POSITIVE | The current price of UP is above 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) | 51.65 | NEUTRAL | The RSI value for UP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests UP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.85 | NEUTRAL | The Stochastics value for UP is a neutral value. |
| Average True Range in percent/ATR (20) | 11.44 | HIGH VOLATILITY | The high ATR as a percentage value for UP suggests high volalility. |
| Average Directional Index/ADX (14) | 34.09 | POSITIVE | The high ADX value value for UP 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)
1.41
-0.04 (-2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-2.76%
1 Week16.53%
2 Weeks-15.57%
1 Month20.51%
3 Month25.89%
6 Month-34.11%
12 Month-29.85%
2 Year20.51%
3 Year-92.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%11.44%
ATR Inc-45.18%
Range Today0.08
ADR(20)0.16
ADR(20)%11.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.16
Mansfield-2.6
10 Day High1.72
10 Day Low1.18
20 Day High1.76
20 Day Low1.16
52 Week High4.59
52 Week Low0.74
CS1 End1.32
CR1 Start1.5
Volume & EV
DER(3)7.57%
DER(5)10.24%
Volume487.40K
Volume Incr-24.23%
Vol(5)697.56K
Vol(50)792.44K