UPB Technical Analysis - UPSTREAM BIO INC

Technical Rating and Analysis

Overall UPB gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, UPB is a bad performer.

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 536 stocks in the same industry do better.

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.

Both the short term and long term trends are positive. This is a very positive sign.

In the last month UPB has a been trading in the 15.55 - 21.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

UPSTREAM BIO INC / UPB Weekly stock chart

UPSTREAM BIO INC / UPB Daily stock chart

Setup Rating and Analysis

UPB has an average technical rating and it also does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

12.89

20.46

When analyzing the support we can see 3 important areas.

A support zone ranging from 16.02 to 16.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 13.90 to 14.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @13.02 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 19.97 to 20.26. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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	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)	DOWN	MIXED	The current price of UPB is above a declining 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)	59.3	NEUTRAL	The RSI value for UPB is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests UPB has a negative trend, although the MACD value is rising.
Stochastics (14,3)	65.22	NEUTRAL	The Stochastics value for UPB is a neutral value.
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)	19.29	NEGATIVE	The low ADX value for UPB suggests a weak or negative trend.