UNIVERSAL DISPLAY CORP (OLED)

US91347P1057 - Common Stock

149.53  -1.06 (-0.7%)

After market: 149.533 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to OLED. OLED's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than OLED.
OLED is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, of which 81% are performing better than OLED.
OLED 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 OLED is lagging the market.
In the last month OLED has a been trading in the 148.09 - 173.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
OLED Weekly chart
OLED Daily chart
Setup Rating and Analysis

3

The technical rating of OLED is bad and it also does not present a 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.

Support and Resistance Analysis

147.61

216.49

We found 1 important support area.

  • A support zone ranging from 149.10 to 149.52. 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 154.83 to 156.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 159.63 to 162.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @169.35 from a horizontal line in the daily time frame.
  • Resistance @193.36 from a trend line in the weekly time frame.
  • Resistance @214.35 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
CRS13.08
Mansfield-2.57
10 Day High165
10 Day Low148.09
20 Day High173.45
20 Day Low148.09
52 Week High237
52 Week Low148.09
Performance
1 Week-8.15%
2 Weeks-5.43%
1 Month-10.49%
3 Month-29.28%
6 Month-28.6%
12 Month-21.1%
2 Year38.4%
3 Year-9.39%
5 Year-27.44%
10 Year438.85%
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)-0.03
RSI(14)30.8
LBB148.01
UBB166.53
OLED Daily chart

UNIVERSAL DISPLAY CORP

NASDAQ:OLED (12/20/2024, 8:00:01 PM)

After market: 149.533 0 (0%)

149.53

-1.06 (-0.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.7%
1 Week-8.15%
2 Weeks-5.43%
1 Month-10.49%
3 Month-29.28%
6 Month-28.6%
12 Month-21.1%
2 Year38.4%
3 Year-9.39%
5 Year-27.44%
10 Year438.85%
15 YearN/A
Volatility
ATR(14)5
ATR(20)%3.29%
ATR Inc-9.09%
Range Today4.33
ADR(20)4.8
ADR(20)%3.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.08
Mansfield-2.57
10 Day High165
10 Day Low148.09
20 Day High173.45
20 Day Low148.09
52 Week High237
52 Week Low148.09
CS1 End149.52
CR1 Start154.83
Volume & EV
DER(3)-2.01%
DER(5)-2.3%
Volume1.87M
Volume Incr42.93%
Vol(5)932.28K
Vol(50)588.80K