UNIVERSAL TECHNICAL INSTITUT (UTI) Stock Technical Analysis
NYSE:UTI • US9139151040
We assign a technical rating of 8 out of 10 to UTI. In the last year, UTI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- UTI is part of the Diversified Consumer Services industry. There are 75 other stocks in this industry. UTI outperforms 93% of them.
- In the last month UTI has a been trading in the 24.52 - 32.10 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, UTI did better than 83% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- UTI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UTI is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although UTI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.02
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.97 to 28.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.24 from a trend line in the daily time frame.
- A support zone ranging from 24.26 to 24.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 33.40 to 33.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 34.50 to 34.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 35.53 to 35.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for UTI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UTI is up. |
| ChartMill Relative Strength | 83.57 | POSITIVE | UTI has a high relative strength, it outperformed 83.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UTI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UTI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.12 | NEUTRAL | The RSI value for UTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests UTI has a positive trend. |
| Stochastics (14,3) | 92 | OVERBOUGHT | The high Stochastics value suggests UTI may be overbought. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for UTI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.88 | NEGATIVE | The low ADX value for UTI suggests a weak or negative trend. |
31.2
+0.14 (+0.45%)
UNIVERSAL TECHNICAL INSTITUT / UTI FAQ
What is the technical rating for UTI stock?
ChartMill assigns a technical rating of 8 / 10 to UTI.
What is the trend direction for UTI stock?
The current trend direction for UNIVERSAL TECHNICAL INSTITUT (UTI) is Bearish.
Can you provide the RSI signal for UNIVERSAL TECHNICAL INSTITUT?
UNIVERSAL TECHNICAL INSTITUT (UTI) has an RSI value of 66.123. This indicates that the stock is currently neutral.
What is the MACD signal for UTI stock?
The MACD indicator for UNIVERSAL TECHNICAL INSTITUT (UTI) has a value of 0.414999, indicating a bearish trend.
Can you provide the short term momentum for UNIVERSAL TECHNICAL INSTITUT?
The short term momentum for UNIVERSAL TECHNICAL INSTITUT (UTI) is positive.