Urovant Sciences Ltd (UROV) Technical Analysis
NASDAQ:UROV
Current stock price
UROV Technical Rating and Analysis
Overall UROV gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UROV is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- UROV 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.
- When comparing the performance of all stocks over the past year, UROV turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
- In the last month UROV has a been trading in a tight range between 16.11 and 16.26.
- Volume is considerably higher in the last couple of days.
UROV Weekly and Daily overview Charts
UROV Setup Rating and Analysis
Besides having an excellent technical rating, UROV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.23, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
UROV Support and Resistance Analysis
7.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.85 to 16.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.39 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.25 to 16.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
UROV 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 | UP | POSITIVE | The long term trend for UROV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UROV is up. |
| ChartMill Relative Strength | 43.41 | NEUTRAL | UROV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UROV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UROV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UROV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.92 | NEUTRAL | The RSI value for UROV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests UROV has a negative trend. |
| Stochastics (14,3) | 74.07 | NEUTRAL | The Stochastics value for UROV is a neutral value. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for UROV suggests low volalility. |
UROV Chart- and CandleStick Pattern Analysis
UROV 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.26 | 16.17 | 0.09 (0.55%) | 25.00% |
| An entry @16.26. This is a Buy Stop order right above the resistance zone. | An exit @16.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 0.55%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.14%. |
- 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.
UROV Technicals: Chart, Performance Metrics, Trend & Indicators
16.24
+0.01 (+0.06%)
Urovant Sciences Ltd / UROV TA FAQ
What is the ChartMill technical rating of Urovant Sciences Ltd (UROV) stock?
ChartMill assigns a technical rating of 7 / 10 to UROV.
Can you provide the trend direction for Urovant Sciences Ltd?
The current trend direction for Urovant Sciences Ltd (UROV) is Bullish.
What is the RSI signal for Urovant Sciences Ltd (UROV) stock?
Urovant Sciences Ltd (UROV) has an RSI value of 61.9247. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Urovant Sciences Ltd?
The short term momentum for Urovant Sciences Ltd (UROV) is positive.
Can you provide the buy/sell signal for Urovant Sciences Ltd?
The buy/sell signal for Urovant Sciences Ltd (UROV) is buy as both the short term and long term trends are positive.