We assign a technical rating of 2 out of 10 to UPBD. Recently some decent action could be observed, but in the medium term time frame this is still negative. UPBD was also a bad performer in the overall market in the last year.
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
We found 3 important support areas.
- A support zone ranging from 18.01 to 18.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.32 to 17.57. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @16.96 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @23.58 from a trend line in the weekly time frame.
- Resistance @26.35 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for UPBD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UPBD is up. |
| ChartMill Relative Strength | 15.15 | NEGATIVE | UPBD has a low relative strength, it was outperformed by 84.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UPBD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UPBD is above 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) | 66.47 | NEUTRAL | The RSI value for UPBD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests UPBD has a positive trend. |
| Stochastics (14,3) | 83.87 | OVERBOUGHT | The high Stochastics value suggests UPBD may be overbought. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for UPBD suggests some volalility. |
| Average Directional Index/ADX (14) | 16.65 | NEGATIVE | The low ADX value for UPBD suggests a weak or negative trend. |
19.84
+0.82 (+4.31%)
UPBOUND GROUP INC / UPBD FAQ
What is the technical rating for UPBD stock?
ChartMill assigns a technical rating of 2 / 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 66.4702. 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 0.256558, indicating a bearish trend.
What is the buy/sell signal for UPBD stock?
The buy/sell signal for UPBOUND GROUP INC (UPBD) is hold as the short term and long term trends are mixed.