UNITED RENTALS INC (URI) Stock Technical Analysis
NYSE:URI - New York Stock Exchange, Inc. - US9113631090 - Common Stock - Currency: USD
Taking everything into account, URI scores 6 out of 10 in our technical rating. URI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
URI is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 72% of 48 stocks in the same industry.
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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Looking at the yearly performance, URI did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
URI 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 URI is lagging the market slightly.
Although the technical rating is only medium, URI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
574.22
732.94
We found 2 important support areas.
- A support zone ranging from 695.79 to 703.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @580.02 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 709.74 to 725.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for URI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for URI is up. |
| ChartMill Relative Strength | 75.04 | POSITIVE | URI has a high relative strength, it outperformed 75.04% 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 | MIXED | The current price of URI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.45 | NEUTRAL | The RSI value for URI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.4 | POSITIVE | The MACD value suggests URI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.7 | NEUTRAL | The Stochastics value for URI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for URI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.72 | 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)
703.66
+7.86 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.13%
1 Week-1.35%
2 Weeks5.02%
1 Month8.7%
3 Month7.05%
6 Month-17.15%
12 Month4.47%
2 Year110.81%
3 Year135.99%
5 Year406.63%
10 Year691.43%
15 Year5691.44%
Volatility
ATR(14)18.27
ATR(20)%2.75%
ATR Inc-13.88%
Range Today12.87
ADR(20)17
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.04
Mansfield-0.39
10 Day High732
10 Day Low666.95
20 Day High732
20 Day Low611.93
52 Week High896.98
52 Week Low525.91
CS1 End703.65
CR1 Start709.74
Volume & EV
DER(3)0.99%
DER(5)1.24%
Volume424.10K
Volume Incr-39.61%
Vol(5)421.46K
Vol(50)705.23K