UPBOUND GROUP INC (UPBD) Stock Technical Analysis
USA - NASDAQ:UPBD - US76009N1000 - Common Stock
Overall UPBD gets a technical rating of 0 out of 10. UPBD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of UPBD 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
16.79
When analyzing the resistance we notice 3 important areas.
- Resistance @21.98 from a trend line in the daily time frame.
- Resistance @25.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 26.35 to 26.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 UPBD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UPBD is down. |
| ChartMill Relative Strength | 7.58 | NEGATIVE | UPBD has a low relative strength, it was outperformed by 92.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UPBD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UPBD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UPBD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.72 | OVERSOLD | The low RSI value suggests UPBD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests UPBD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.78 | OVERSOLD | The low Stochastics value suggests UPBD may be oversold. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for UPBD suggests high volalility. |
| Average Directional Index/ADX (14) | 38.46 | POSITIVE | The high ADX value value for UPBD suggests a strong trend. |
16.96
-0.07 (-0.41%)
UPBOUND GROUP INC / UPBD FAQ
What is the technical rating for UPBD stock?
ChartMill assigns a technical rating of 0 / 10 to UPBD.
What is the trend direction for UPBD stock?
The current trend direction for UPBOUND GROUP INC (UPBD) is Bearish.
What is the RSI signal for UPBOUND GROUP INC (UPBD) stock?
UPBOUND GROUP INC (UPBD) has an RSI value of 24.7192. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for UPBOUND GROUP INC?
The buy/sell signal for UPBOUND GROUP INC (UPBD) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for UPBOUND GROUP INC?
UPBOUND GROUP INC (UPBD) has a resistance level at 21.98. Check the full technical report for our detailed analysis of UPBD support and resistance levels.