UNIVERSAL TECHNICAL INSTITUT (UTI) Stock Technical Analysis
NYSE:UTI - New York Stock Exchange, Inc. - US9139151040 - Common Stock - Currency: USD
Overall UTI gets a technical rating of 9 out of 10. In the last year, UTI was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month UTI has a been trading in the 31.91 - 36.32 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that UTI is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, UTI also shows a nice and consistent pattern of rising prices.
UTI is part of the Diversified Consumer Services industry. There are 70 other stocks in this industry. UTI outperforms 92% of them.
UTI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so UTI is performing more or less in line with the market.
UTI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 35.54. Right above this resistance zone may be a good entry point.
More info and screens
20.55
36.27
When analyzing the support we can see 7 important areas.
- A support zone ranging from 33.14 to 33.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.53 from a horizontal line in the daily time frame.
- Support @29.03 from a trend line in the weekly time frame.
- Support @28.48 from a trend line in the daily time frame.
- Support @25.75 from a horizontal line in the daily time frame.
- A support zone ranging from 24.77 to 24.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.76 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.54 to 35.91. 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 UTI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UTI is neutral. |
| ChartMill Relative Strength | 97.05 | POSITIVE | UTI has a high relative strength, it outperformed 97.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UTI is below a declining 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) | 51.33 | NEUTRAL | The RSI value for UTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests UTI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.89 | NEUTRAL | The Stochastics value for UTI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for UTI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.14 | NEUTRAL | The ADX value for UTI suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 34.24 | 33.13 | 1.11 (3.25%) | 25.00% |
| An entry @34.24. This is a Buy Stop order right above the 10 day moving average. | An exit @33.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.11 points, which is 3.25%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- The distance between exit and entry is rather small compared to the average daily movement of UTI. Please evaluate whether better entry and exit points can be found.
- 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.
33.58
+0.57 (+1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg1.73%
1 Week-5.03%
2 Weeks-5.49%
1 Month-0.44%
3 Month24.88%
6 Month30.31%
12 Month142.63%
2 Year385.96%
3 Year370.97%
5 Year383.17%
10 Year290.47%
15 Year42.05%
Volatility
ATR(14)1.18
ATR(20)%3.67%
ATR Inc2.56%
Range Today1.67
ADR(20)1.23
ADR(20)%3.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.05
Mansfield3.76
10 Day High36.23
10 Day Low31.91
20 Day High36.32
20 Day Low31.91
52 Week High36.32
52 Week Low13.66
CS1 End33.57
CR1 Start35.54
Volume & EV
DER(3)2.65%
DER(5)0.13%
Volume640.80K
Volume Incr-28.15%
Vol(5)771.10K
Vol(50)846.49K