UPSTREAM BIO INC (UPB) Technical Analysis
NASDAQ:UPB • US91678A1079
Current stock price
UPB Technical Rating and Analysis
Taking everything into account, UPB scores 1 out of 10 in our technical rating. UPB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 81% of all other stocks performed better in the past year than UPB.
- UPB is one of the lesser performing stocks in the Biotechnology industry. 63% of 517 stocks in the same industry do better.
- UPB 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month UPB has a been trading in the 8.10 - 10.67 range, which is quite wide. It is currently trading near the high of this range.
- UPB has an average volume of 1469730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
UPB Weekly and Daily overview Charts
UPB Setup Rating and Analysis
The technical rating of UPB is bad and it also does not present a quality setup 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
UPB Support and Resistance Analysis
7.74
When analyzing the support we notice one important area.
- Support @7.82 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.50 to 10.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
UPB Technical Indicator Signal Analysis
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 UPB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UPB is neutral. |
| ChartMill Relative Strength | 19.93 | NEGATIVE | UPB has a low relative strength, it was outperformed by 80.07% 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) | DOWN | NEGATIVE | The current price of UPB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UPB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.54 | NEUTRAL | The RSI value for UPB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests UPB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.28 | OVERBOUGHT | The high Stochastics value suggests UPB may be overbought. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for UPB suggests high volalility. |
| Average Directional Index/ADX (14) | 19.98 | NEGATIVE | The low ADX value for UPB suggests a weak or negative trend. |
UPB Chart- and CandleStick Pattern Analysis
UPB Technicals: Chart, Performance Metrics, Trend & Indicators
10.49
+0.07 (+0.67%)
UPSTREAM BIO INC / UPB TA FAQ
What is the technical rating for UPB stock?
ChartMill assigns a technical rating of 1 / 10 to UPB.
What is the trend direction for UPB stock?
The current trend direction for UPSTREAM BIO INC (UPB) is Bearish.
What is the RSI signal for UPSTREAM BIO INC (UPB) stock?
UPSTREAM BIO INC (UPB) has an RSI value of 52.5403. This indicates that the stock is currently neutral.
Can you provide the short term momentum for UPSTREAM BIO INC?
The short term momentum for UPSTREAM BIO INC (UPB) is neutral.
What are the support and resistance levels for UPSTREAM BIO INC (UPB) stock?
UPSTREAM BIO INC (UPB) has a support level at 7.82 and a resistance level at 10.5. Check the full technical report for our detailed analysis of UPB support and resistance levels.