UPBD Technical Analysis - UPBOUND GROUP INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to UPBD. UPBD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, UPBD is a bad performer in the overall market: 87% of all stocks are doing better.

UPBD is one of the lesser performing stocks in the Specialty Retail industry. 68% of 120 stocks in the same industry do better.

UPBD 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.

UPBD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

UPBOUND GROUP INC / UPBD Weekly stock chart

UPBOUND GROUP INC / UPBD Daily stock chart

Setup Rating and Analysis

UPBD has a poor technical rating and the quality of the setup is also only medium 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

19.70

27.20

2 important support areas can be observed.

A support zone ranging from 20.43 to 20.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 19.90 to 19.99. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 4 important areas.

A resistance zone ranging from 21.77 to 21.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @25.81 from a trend line in the weekly time frame.
Resistance @26.35 from a horizontal line in the weekly time frame.
Resistance @26.93 from a trend line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 UPBD is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for UPBD is down.
ChartMill Relative Strength	13.44	NEGATIVE	UPBD has a low relative strength, it was outperformed by 86.56% 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)	40.6	NEUTRAL	The RSI value for UPBD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.04	NEGATIVE	The MACD value suggests UPBD has a negative trend, although the MACD value is rising.
Stochastics (14,3)	33.15	NEUTRAL	The Stochastics value for UPBD is a neutral value.
Average True Range in percent/ATR (20)	3.87	MEDIUM VOLATILITY	The ATR as a percentage value for UPBD suggests some volalility.
Average Directional Index/ADX (14)	29.66	POSITIVE	The high ADX value value for UPBD suggests a strong trend.