UNITED RENTALS INC (URI)

US9113631090 - Common Stock

721.11  +0.96 (+0.13%)

After market: 721.11 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, URI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, URI is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that URI is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by URI over the past year are nicely spread over this period.
URI is part of the Trading Companies & Distributors industry. There are 51 other stocks in this industry. URI outperforms 86% of them.
URI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month URI has a been trading in the 650.01 - 732.37 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
URI Weekly chart
URI Daily chart
Setup Rating and Analysis

6

URI has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

398.45

728.33

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 692.56 to 704.60. 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 661.34 to 664.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @460.77 from a trend line in the weekly time frame.
  • Support @426.85 from a trend line in the weekly time frame.
  • Support @402.47 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 721.12 to 721.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.58
Mansfield2.91
10 Day High729.91
10 Day Low665
20 Day High732.37
20 Day Low650.01
52 Week High732.37
52 Week Low325.15
Performance
1 Week0.29%
2 Weeks7.23%
1 Month4.02%
3 Month25.76%
6 Month62.2%
12 Month82.21%
2 Year103.01%
3 Year118.98%
5 Year531.17%
10 Year659.54%
15 Year17028.5%
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)
Technical Indicators
MACD(12,26,9)1.34
RSI(14)66.33
LBB654.41
UBB735.11
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
721.13692.5528.58 (3.96%)25.00%
An entry @721.13. This is a Buy Stop order right above the resistance zone.An exit @692.55. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 28.58 points, which is 3.96%.For a 0.99% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
URI Daily chart

UNITED RENTALS INC

NYSE:URI (3/28/2024, 8:04:00 PM)

After market: 721.11 0 (0%)

721.11

+0.96 (+0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.13%
1 Week0.29%
2 Weeks7.23%
1 Month4.02%
3 Month25.76%
6 Month62.2%
12 Month82.21%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)15.86
ATR(20)%2.46%
ATR Inc
Range Today7.78
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High729.91
10 Day Low665
20 Day High732.37
20 Day Low650.01
52 Week High732.37
52 Week Low325.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume440.30K
Volume Incr-28.29%
Vol(5)401.44K
Vol(50)604.68K