Logo image of UTX

United Technologies Corp (UTX) Stock Technical Analysis

USA - NYSE:UTX -

86.01
-5.36 (-5.87%)
Last: 4/2/2020, 8:04:01 PM
85.95
-0.06 (-0.07%)
After Hours: 4/2/2020, 8:04:01 PM
Technical Rating and Analysis

0

Taking everything into account, UTX scores 0 out of 10 in our technical rating. UTX 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.
77% of all other stocks performed better in the past year than UTX.
UTX 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 UTX is lagging the market.
UTX has an average volume of 8433210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month UTX has a been trading in the 69.02 - 127.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
United Technologies Corp / UTX Weekly stock chart
United Technologies Corp / UTX Daily stock chart
Setup Rating and Analysis

5

Although the technical rating is bad, UTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

85.15

118.23

3 important resistance areas can be observed.

  • Resistance @93.89 from a trend line in the daily time frame.
  • A resistance zone ranging from 96.80 to 98.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @117.06 from a trend line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for UTX is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for UTX is down.
ChartMill Relative Strength23.36NEGATIVEUTX has a low relative strength, it was outperformed by 76.64% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of UTX is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of UTX is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of UTX is below a declining SMA(200).
Relative Strength Index/RSI (14)36.31NEUTRALThe RSI value for UTX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)1.6POSITIVEThe MACD value suggests UTX has a positive trend, although the MACD value is declining.
Stochastics (14,3)53.8NEUTRALThe Stochastics value for UTX is a neutral value.
Average True Range in percent/ATR (20)13.04HIGH VOLATILITYThe high ATR as a percentage value for UTX suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
United Technologies Corp / UTX Daily stock chart

United Technologies Corp

NYSE:UTX (4/2/2020, 8:04:01 PM)

After market: 85.95 -0.06 (-0.07%)

86.01

-5.36 (-5.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.87%
1 Week-17.8%
2 Weeks2.69%
1 Month-31.98%
3 Month-43.91%
6 Month-35.43%
12 Month-35.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.09
ATR(20)%13.04%
ATR Inc-46.06%
Range Today7.14
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
CRS23.36
3 months CRSN/A
6 months CRSN/A
Mansfield-2.45
10 Day High104.99
10 Day Low72.3
20 Day High127.13
20 Day Low69.02
52 Week High158.44
52 Week Low69.02
CS1 EndN/A
CR1 Start93.89
Volume & EV
DER(3)-2.6%
DER(5)-1.97%
Volume13.20M
Volume Incr-19.22%
Vol(5)10.12M
Vol(50)8.43M

United Technologies Corp / UTX FAQ

What is the ChartMill technical rating of United Technologies Corp (UTX) stock?

ChartMill assigns a technical rating of 0 / 10 to UTX.


What is the trend direction for UTX stock?

The current trend direction for United Technologies Corp (UTX) is Bearish.


What is the RSI signal for United Technologies Corp (UTX) stock?

United Technologies Corp (UTX) has an RSI value of 36.3115. This indicates that the stock is currently neutral.


What is the MACD signal for United Technologies Corp (UTX) stock?

The MACD indicator for United Technologies Corp (UTX) has a value of 1.60426, indicating a bullish trend.


What is the short term momentum for United Technologies Corp (UTX) stock?

The short term momentum for United Technologies Corp (UTX) is negative.