Logo image of UTME

UTIME LTD (UTME) Stock Technical Analysis

NASDAQ:UTME - Nasdaq - KYG9411M1087 - Common Stock - Currency: USD

0.478  -0.01 (-1.42%)

After market: 0.478 0 (0%)

Technical Rating and Analysis

0

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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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 125 other stocks in this industry, of which 92% 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.
Weekly and Daily overview Charts
UTIME LTD / UTME Weekly stock chart
UTIME LTD / UTME Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, UTME does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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.
Support and Resistance Analysis

0.44

0.51

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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.57
Mansfield-6.75
10 Day High0.5
10 Day Low0.42
20 Day High0.59
20 Day Low0.4
52 Week High3.4
52 Week Low0.4
Performance
1 Week5.05%
2 Weeks-6.09%
1 Month-8.67%
3 Month-76.34%
6 Month-52.2%
12 Month-71.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)35.92
LBB0.44
UBB0.52
UTIME LTD / UTME Daily stock chart

UTIME LTD

NASDAQ:UTME (9/1/2023, 8:00:02 PM)

After market: 0.478 0 (0%)

0.478

-0.01 (-1.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.42%
1 Week5.05%
2 Weeks-6.09%
1 Month-8.67%
3 Month-76.34%
6 Month-52.2%
12 Month-71.88%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%9.37%
ATR Inc-17.47%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.57
Mansfield-6.75
10 Day High0.5
10 Day Low0.42
20 Day High0.59
20 Day Low0.4
52 Week High3.4
52 Week Low0.4
CS1 End0.44
CR1 Start0.5
Volume & EV
DER(3)6.5%
DER(5)9.64%
Volume63.30K
Volume Incr-92.6%
Vol(5)73.12K
Vol(50)1.42M