UNITED RENTALS INC (URI) Stock Technical Analysis
NYSE:URI - New York Stock Exchange, Inc. - US9113631090 - Common Stock - Currency: USD
Overall URI gets a technical rating of 5 out of 10. URI has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
URI is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 70% of 49 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 77% of all other stocks. However, this overall performance is mostly based on the strong move around 10 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.
URI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 694.83, a Stop Loss order could be placed below this zone.
More info and screens
580.77
732.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 691.14 to 694.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @586.64 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 695.80 to 708.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 725.68 to 725.68. 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 | NEUTRAL | NEUTRAL | The short term trend for URI is neutral. |
| ChartMill Relative Strength | 77.92 | POSITIVE | URI has a high relative strength, it outperformed 77.92% off all stocks 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) | UP | POSITIVE | The current price of URI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of URI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.77 | NEUTRAL | The RSI value for URI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.08 | NEGATIVE | The MACD value suggests URI has a negative trend. |
| Stochastics (14,3) | 69.27 | NEUTRAL | The Stochastics value for URI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for URI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.51 | NEGATIVE | The low ADX value for URI suggests a weak or negative 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)
694.84
-22.08 (-3.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-3.08%
1 Week-1.67%
2 Weeks-1.91%
1 Month-2.59%
3 Month11.55%
6 Month-10.78%
12 Month12.76%
2 Year56.01%
3 Year186.05%
5 Year366.21%
10 Year693.02%
15 Year7355.36%
Volatility
ATR(14)14.78
ATR(20)%2.2%
ATR Inc44.78%
Range Today14.13
ADR(20)13.93
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.92
Mansfield-0.72
10 Day High723.26
10 Day Low681.98
20 Day High729.34
20 Day Low681.98
52 Week High896.98
52 Week Low525.91
CS1 End694.83
CR1 Start695.8
Volume & EV
DER(3)-0.21%
DER(5)-0.22%
Volume468.40K
Volume Incr-10.47%
Vol(5)415.66K
Vol(50)646.70K