USA - NASDAQ:UTEN - US74933W5360 - ETF
Taking everything into account, UTEN scores 7 out of 10 in our technical rating. Although UTEN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although UTEN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
41.49
We found 2 important support areas.
We found 1 important resistance area.
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 UTEN is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UTEN is up. |
ChartMill Relative Strength | 52.19 | NEUTRAL | UTEN is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UTEN is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UTEN is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UTEN is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 61 | NEUTRAL | The RSI value for UTEN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests UTEN has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 59.23 | NEUTRAL | The Stochastics value for UTEN is a neutral value. |
Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for UTEN suggests low volalility. |
Average Directional Index/ADX (14) | 11.97 | NEGATIVE | The low ADX value for UTEN suggests a weak or negative trend. |
44.48
+0.34 (+0.78%)