UNITED RENTALS INC (URI) Technical Analysis
NYSE:URI • US9113631090
Current stock price
URI Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to URI. 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.
- URI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When compared to the yearly performance of all other stocks, URI outperforms 54% of them, which is more or less in line with the market.
- URI is part of the Trading Companies & Distributors industry. There are 47 other stocks in this industry, URI did better than 52% 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.
URI Weekly and Daily overview Charts
URI Setup Rating and Analysis
Although the technical rating is bad, URI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 710.47, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for URI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
URI Support and Resistance Analysis
703.36
We found 1 important support area.
- A support zone ranging from 710.46 to 710.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 734.31 to 747.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @841.11 from a trend line in the daily time frame.
- A resistance zone ranging from 902.78 to 909.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
URI Technical Indicator Signal Analysis
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 | 54.19 | 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) | 39.52 | NEUTRAL | The RSI value for URI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.1 | POSITIVE | The MACD value suggests URI has a positive trend. |
| Stochastics (14,3) | 46.38 | NEUTRAL | The Stochastics value for URI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for URI suggests some volalility. |
| Average Directional Index/ADX (14) | 32.2 | POSITIVE | The high ADX value value for URI suggests a strong trend. |
URI Chart- and CandleStick Pattern Analysis
URI Technicals: Chart, Performance Metrics, Trend & Indicators
732.09
+0.55 (+0.08%)
UNITED RENTALS INC / URI TA FAQ
What is the ChartMill technical rating of UNITED RENTALS INC (URI) stock?
ChartMill assigns a technical rating of 1 / 10 to URI.
What is the current trend direction of UNITED RENTALS INC (URI) stock?
The current trend direction for UNITED RENTALS INC (URI) is Bearish.
What is the RSI signal for UNITED RENTALS INC (URI) stock?
UNITED RENTALS INC (URI) has an RSI value of 39.5211. This indicates that the stock is currently neutral.
Can you provide the short term momentum for UNITED RENTALS INC?
The short term momentum for UNITED RENTALS INC (URI) is negative.
Can you provide the buy/sell signal for UNITED RENTALS INC?
The buy/sell signal for UNITED RENTALS INC (URI) is sell as both the short term and long term trends are negative.