UPSTREAM BIO INC (UPB) Stock Technical Analysis
NASDAQ:UPB - Nasdaq - US91678A1079 - Common Stock - Currency: USD
Taking everything into account, UPB scores 7 out of 10 in our technical rating. Although UPB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, UPB is a bad performer in the overall market: 100% of all stocks are doing better.
UPB is one of the lesser performing stocks in the Biotechnology industry. 92% of 550 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month UPB has a been trading in the 10.54 - 19.27 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although UPB has an excellent technical rating, it does not present a decent entry opportunity 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
10.68
19.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.88 to 11.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.52 from a trend line in the daily time frame.
- Support @10.79 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 | UP | POSITIVE | The long term trend for UPB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UPB is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | UPB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UPB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UPB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UPB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 81.45 | OVERBOUGHT | The high RSI value suggests UPB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests UPB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.59 | OVERBOUGHT | The high Stochastics value suggests UPB may be overbought. |
| Average True Range in percent/ATR (20) | 6.82 | HIGH VOLATILITY | The high ATR as a percentage value for UPB suggests high volalility. |
| Average Directional Index/ADX (14) | 42.01 | POSITIVE | The high ADX value value for UPB 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)
18.93
+0.31 (+1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.66%
1 Week18.31%
2 Weeks21.81%
1 Month76.59%
3 Month119.1%
6 Month149.08%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%6.82%
ATR Inc25.08%
Range Today1.13
ADR(20)1.28
ADR(20)%6.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High19.27
10 Day Low15.04
20 Day High19.27
20 Day Low10.54
52 Week HighN/A
52 Week LowN/A
CS1 End11.95
CR1 StartN/A
Volume & EV
DER(3)7.47%
DER(5)4.11%
Volume424.80K
Volume Incr42%
Vol(5)650.31K
Vol(50)480.51K