UTSTARCOM HOLDINGS CORP (UTSI) Stock Technical Analysis
NASDAQ:UTSI - Nasdaq - KYG9310A1224 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to UTSI. In the last year, UTSI was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
73% of all other stocks performed better in the past year than UTSI.
UTSI is part of the Communications Equipment industry. There are 48 other stocks in this industry, of which 82% are performing better than UTSI.
In the last month UTSI has a been trading in the 2.40 - 2.94 range, which is quite wide. It is currently trading near the lows of this range.
Warning: UTSI has an average volume of 5224 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
UTSI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UTSI is lagging the market.
UTSI has an average technical rating and it also does not offer a high quality setup 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
2.15
3.05
We found 3 important support areas.
- Support @2.50 from a trend line in the daily time frame.
- Support @2.23 from a trend line in the daily time frame.
- A support zone ranging from 2.17 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.53 to 2.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.61 to 2.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.71 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.76 to 2.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @3.02 from a horizontal line 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 UTSI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UTSI is neutral. |
| ChartMill Relative Strength | 27.19 | NEGATIVE | UTSI has a low relative strength, it was outperformed by 72.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UTSI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UTSI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UTSI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.04 | NEUTRAL | The RSI value for UTSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests UTSI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.15 | NEUTRAL | The Stochastics value for UTSI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for UTSI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.26 | NEGATIVE | The low ADX value for UTSI suggests a weak or negative 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)
2.51
+0.03 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.23%
1 Week0.4%
2 Weeks-5.46%
1 Month1.62%
3 Month4.15%
6 Month-12.54%
12 Month-8.06%
2 Year-37.25%
3 Year-24.17%
5 Year-60.53%
10 Year-67.82%
15 Year-90.18%
Volatility
ATR(14)0.1
ATR(20)%5.8%
ATR Inc-49%
Range Today0.04
ADR(20)0.12
ADR(20)%4.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.19
Mansfield-1.35
10 Day High2.79
10 Day Low2.4
20 Day High2.94
20 Day Low2.4
52 Week High3.22
52 Week Low1.84
CS1 End2.5
CR1 Start2.53
Volume & EV
DER(3)1.44%
DER(5)8.01%
Volume13.90K
Volume Incr-29.63%
Vol(5)5.26K
Vol(50)5.22K