UPBOUND GROUP INC (UPBD) Technical Analysis
NASDAQ:UPBD • US76009N1000
Overall UPBD gets a technical rating of 3 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.
- 78% of all other stocks performed better in the past year than UPBD.
- In the last month UPBD has a been trading in the 19.20 - 23.98 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- UPBD is part of the Specialty Retail industry. There are 123 other stocks in this industry, UPBD did better than 43% of them.
- UPBD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UPBD is lagging the market slightly.
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 support we can see 3 important areas.
- Support @19.65 from a horizontal line in the daily time frame.
- Support @19.20 from a trend line in the daily time frame.
- Support @16.96 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.03 to 22.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @26.84 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 | NEUTRAL | NEUTRAL | The long term trend for UPBD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UPBD is neutral. |
| ChartMill Relative Strength | 22.27 | NEGATIVE | UPBD has a low relative strength, it was outperformed by 77.73% 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) | UP | MIXED | The current price of UPBD is below the rising 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) | 42.63 | NEUTRAL | The RSI value for UPBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests UPBD has a negative trend. |
| Stochastics (14,3) | 19.65 | OVERSOLD | The low Stochastics value suggests UPBD may be oversold. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for UPBD suggests high volalility. |
| Average Directional Index/ADX (14) | 16.91 | NEGATIVE | The low ADX value for UPBD suggests a weak or negative trend. |
UPBD Technicals: Chart, Performance Metrics, Trend & Indicators
19.66
-0.95 (-4.61%)
UPBOUND GROUP INC / UPBD FAQ
What is the technical rating for UPBD stock?
ChartMill assigns a technical rating of 3 / 10 to UPBD.
Can you provide the trend direction for UPBOUND GROUP INC?
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 42.6327. This indicates that the stock is currently neutral.
What is the MACD signal for UPBD stock?
The MACD indicator for UPBOUND GROUP INC (UPBD) has a value of -0.231251, indicating a bearish trend.