
USA - NYSE:UTX -
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.
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.
85.15
3 important resistance areas can be observed.
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 UTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UTX is down. |
| ChartMill Relative Strength | 23.36 | NEGATIVE | UTX has a low relative strength, it was outperformed by 76.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.31 | NEUTRAL | The RSI value for UTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.6 | POSITIVE | The MACD value suggests UTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.8 | NEUTRAL | The Stochastics value for UTX is a neutral value. |
| Average True Range in percent/ATR (20) | 13.04 | HIGH VOLATILITY | The high ATR as a percentage value for UTX suggests high volalility. |
86.01
-5.36 (-5.87%)
ChartMill assigns a technical rating of 0 / 10 to UTX.
The current trend direction for United Technologies Corp (UTX) is Bearish.
United Technologies Corp (UTX) has an RSI value of 36.3115. This indicates that the stock is currently neutral.
The MACD indicator for United Technologies Corp (UTX) has a value of 1.60426, indicating a bullish trend.
The short term momentum for United Technologies Corp (UTX) is negative.