UNITED RENTALS INC (URI) Technical Analysis
NYSE:URI • US9113631090
Taking everything into account, URI scores 1 out of 10 in our technical rating. URI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month URI has a been trading in the 733.60 - 909.92 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the performance of all stocks over the past year, URI turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- URI is part of the Trading Companies & Distributors industry. There are 46 other stocks in this industry, URI did better than 53% of them.
- 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.
The technical rating of URI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
726.48
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 866.70 to 876.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 899.55 to 923.54. 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 | DOWN | NEGATIVE | The long term trend for URI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for URI is down. |
| ChartMill Relative Strength | 53.8 | 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 | MIXED | The current price of URI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 30.54 | NEUTRAL | The RSI value for URI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -11.71 | NEGATIVE | The MACD value suggests URI has a negative trend. |
| Stochastics (14,3) | 4.59 | OVERSOLD | The low Stochastics value suggests URI may be oversold. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for URI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.41 | NEUTRAL | The ADX value for URI suggests a possible start of a new trend. |
URI Technicals: Chart, Performance Metrics, Trend & Indicators
733.82
-46.75 (-5.99%)
UNITED RENTALS INC / URI FAQ
What is the ChartMill technical rating of UNITED RENTALS INC (URI) stock?
ChartMill assigns a technical rating of 1 / 10 to URI.
Can you provide the trend direction for UNITED RENTALS INC?
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 30.5359. This indicates that the stock is currently neutral.
What is the buy/sell signal for URI stock?
The buy/sell signal for UNITED RENTALS INC (URI) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for UNITED RENTALS INC?
UNITED RENTALS INC (URI) has a resistance level at 866.7. Check the full technical report for our detailed analysis of URI support and resistance levels.