UNITED RENTALS INC (URI) Stock Technical Analysis
USA - NYSE:URI - US9113631090 - Common Stock
We assign a technical rating of 0 out of 10 to URI. URI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
URI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 854.83, a Stop Loss order could be placed below this zone.
More info and screens
836.06
We found 1 important support area.
- A support zone ranging from 844.50 to 854.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @860.72 from a horizontal line in the daily time frame.
- Resistance @980.81 from a horizontal line in the weekly 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 URI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for URI is down. |
| ChartMill Relative Strength | 35.23 | NEUTRAL | URI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of URI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of URI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of URI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.46 | NEUTRAL | The RSI value for URI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.76 | NEGATIVE | The MACD value suggests URI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.71 | OVERSOLD | The low Stochastics value suggests URI may be oversold. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for URI suggests some volalility. |
| Average Directional Index/ADX (14) | 36.62 | POSITIVE | The high ADX value value for URI suggests a strong trend. |
860.71
+5.7 (+0.67%)
UNITED RENTALS INC / URI FAQ
What is the ChartMill technical rating of UNITED RENTALS INC (URI) stock?
ChartMill assigns a technical rating of 0 / 10 to URI.
What is the trend direction for URI stock?
The current trend direction for UNITED RENTALS INC (URI) is Bearish.
What is the RSI signal for URI stock?
UNITED RENTALS INC (URI) has an RSI value of 36.4617. This indicates that the stock is currently neutral.
What is the MACD signal for UNITED RENTALS INC (URI) stock?
The MACD indicator for UNITED RENTALS INC (URI) has a value of -2.75857, indicating a bearish trend.
What is the short term momentum for URI stock?
The short term momentum for UNITED RENTALS INC (URI) is negative.