UNITED RENTALS INC (URI) Stock Technical Analysis
NYSE:URI - US9113631090 - Common Stock
929.95 USD
+39.83 (+4.47%)
929.95 USD
0 (0%)
We assign a technical rating of 9 out of 10 to URI. Both in the recent history as in the last year, URI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
URI is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry. URI outperforms 76% of them.
URI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
URI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, URI did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although URI has an excellent technical rating, it does not present a decent entry opportunity 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
602.63
941.56
We found 3 important support areas.
- A support zone ranging from 854.60 to 871.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 819.85 to 824.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @608.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 929.96 to 932.24. 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 | UP | POSITIVE | The long term trend for URI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for URI is up. |
| ChartMill Relative Strength | 85.88 | POSITIVE | URI has a high relative strength, it outperformed 85.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of URI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of URI is above the rising 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) | 65.5 | NEUTRAL | The RSI value for URI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.77 | NEGATIVE | The MACD value suggests URI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.65 | NEUTRAL | The Stochastics value for URI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for URI suggests some volalility. |
| Average Directional Index/ADX (14) | 32.18 | POSITIVE | The high ADX value value for URI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
929.95
+39.83 (+4.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg4.47%
1 Week2.32%
2 Weeks8.26%
1 Month4.49%
3 Month32.83%
6 Month41.48%
12 Month24.82%
2 Year95.15%
3 Year218.43%
5 Year425.25%
10 Year1241.34%
15 Year8166.22%
Volatility
ATR(14)22.97
ATR(20)%2.43%
ATR Inc34.39%
Range Today46.67
ADR(20)21.17
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.88
Mansfield1.37
10 Day High937.45
10 Day Low852.8
20 Day High937.45
20 Day Low842.18
52 Week High937.45
52 Week Low525.91
CS1 End871.56
CR1 Start929.96
Volume & EV
DER(3)1.35%
DER(5)-0.06%
Volume767.80K
Volume Incr-29.11%
Vol(5)443.16K
Vol(50)574.92K