UNITED RENTALS INC (URI) Stock Technical Analysis
NYSE:URI - New York Stock Exchange, Inc. - US9113631090 - Common Stock - Currency: USD
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 78% of them.
URI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so URI is lagging the market slightly.
In the last month URI has a been trading in the 682.08 - 826.46 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that URI is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although URI has an excellent technical rating, it does not offer a high 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
589.52
822.42
When analyzing the support we can see 3 important areas.
- Support @737.73 from a trend line in the daily time frame.
- A support zone ranging from 694.83 to 695.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @595.47 from a trend 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 | 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 | 85.21 | POSITIVE | URI has a high relative strength, it outperformed 85.21% 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) | 75.45 | OVERBOUGHT | The high RSI value suggests URI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.95 | POSITIVE | The MACD value suggests URI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.53 | OVERBOUGHT | The high Stochastics value suggests URI may be overbought. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for URI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.48 | NEUTRAL | The ADX value for URI suggests a possible start of a new 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)
814.28
-5.46 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.67%
1 Week2.75%
2 Weeks9.73%
1 Month13.1%
3 Month39.69%
6 Month21.36%
12 Month19.82%
2 Year75.23%
3 Year152.36%
5 Year424.09%
10 Year1115.52%
15 Year6078.15%
Volatility
ATR(14)17.64
ATR(20)%2.27%
ATR Inc-1.7%
Range Today9.25
ADR(20)17.15
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.21
Mansfield0.37
10 Day High826.46
10 Day Low745.01
20 Day High826.46
20 Day Low682.08
52 Week High896.98
52 Week Low525.91
CS1 End737.73
CR1 StartN/A
Volume & EV
DER(3)-0.61%
DER(5)-1.75%
Volume603.90K
Volume Incr10.86%
Vol(5)553.02K
Vol(50)522.11K