UTIME LTD (UTME) Technical Analysis
NASDAQ:UTME • KYG9411M1087
Current stock price
UTME Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to UTME. UTME scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than UTME.
- UTME is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 89% are performing better than UTME.
- UTME is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so UTME is lagging the market.
- UTME has an average volume of 1415230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month UTME has a been trading in the 0.40 - 0.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
UTME Weekly and Daily overview Charts
UTME Setup Rating and Analysis
UTME has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UTME 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
UTME Support and Resistance Analysis
0.44
When analyzing the support we notice one important area.
- A support zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @0.50 from a horizontal line in the daily time frame.
UTME 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 UTME is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UTME is down. |
| ChartMill Relative Strength | 1.57 | NEGATIVE | UTME has a low relative strength, it was outperformed by 98.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UTME is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UTME is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UTME is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.92 | NEUTRAL | The RSI value for UTME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests UTME has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.78 | NEUTRAL | The Stochastics value for UTME is a neutral value. |
| Average True Range in percent/ATR (20) | 9.37 | HIGH VOLATILITY | The high ATR as a percentage value for UTME suggests high volalility. |
| Average Directional Index/ADX (14) | 12.25 | NEGATIVE | The low ADX value for UTME suggests a weak or negative trend. |
UTME Chart- and CandleStick Pattern Analysis
UTME Technicals: Chart, Performance Metrics, Trend & Indicators
0.478
-0.01 (-1.42%)
UTIME LTD / UTME TA FAQ
What is the ChartMill technical rating of UTIME LTD (UTME) stock?
ChartMill assigns a technical rating of 0 / 10 to UTME.
What is the trend direction for UTME stock?
The current trend direction for UTIME LTD (UTME) is Bearish.
Can you provide the RSI signal for UTIME LTD?
UTIME LTD (UTME) has an RSI value of 35.9235. This indicates that the stock is currently neutral.
What is the buy/sell signal for UTME stock?
The buy/sell signal for UTIME LTD (UTME) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for UTIME LTD (UTME) stock?
UTIME LTD (UTME) has a support level at 0.44 and a resistance level at 0.5. Check the full technical report for our detailed analysis of UTME support and resistance levels.