UTSTARCOM HOLDINGS CORP (UTSI)

KYG9310A1224 - Common Stock

2.69  -0.04 (-1.47%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to UTSI. Recently some decent action could be observed, but in the medium term time frame this is still negative. UTSI was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, UTSI is a bad performer in the overall market: 86% of all stocks are doing better.
UTSI is one of the lesser performing stocks in the Communications Equipment industry. 66% of 54 stocks in the same industry do better.
UTSI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UTSI is lagging the market.
Warning: UTSI has an average volume of 3356 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month UTSI has a been trading in the 2.40 - 3.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
UTSI Weekly chart
UTSI Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, UTSI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UTSI 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

2.54

3.23

We found 1 important support area.

  • A support zone ranging from 2.57 to 2.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 4 important resistance areas.

  • A resistance zone ranging from 2.72 to 2.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.98 from a trend line in the weekly time frame.
  • Resistance @3.09 from a horizontal line in the weekly time frame.
  • Resistance @3.20 from a trend 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
CRS14.95
Mansfield-2.75
10 Day High3
10 Day Low2.4
20 Day High3
20 Day Low2.4
52 Week High4.15
52 Week Low2.4
Performance
1 Week1.13%
2 Weeks2.28%
1 Month3.86%
3 Month-10.03%
6 Month-22.28%
12 Month-32.75%
2 Year-14.33%
3 Year-51.62%
5 Year-79.59%
10 Year-78.24%
15 Year-80.84%
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)0.01
RSI(14)51.09
LBB2.55
UBB2.78
UTSI Daily chart

UTSTARCOM HOLDINGS CORP

NASDAQ:UTSI (4/24/2024, 3:41:53 PM)

2.69

-0.04 (-1.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-1.47%
1 Week1.13%
2 Weeks2.28%
1 Month3.86%
3 Month-10.03%
6 Month-22.28%
12 Month-32.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.23
ATR(20)%7.88%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3
10 Day Low2.4
20 Day High3
20 Day Low2.4
52 Week High4.15
52 Week Low2.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume418
Volume Incr-77.18%
Vol(5)1.28K
Vol(50)3.36K