UNIVERSAL DISPLAY CORP (OLED) Stock Technical Analysis
NASDAQ:OLED - Nasdaq - US91347P1057 - Common Stock
Taking everything into account, OLED scores 1 out of 10 in our technical rating. 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 one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 77% of 109 stocks in the same industry do better.
OLED is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
OLED is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
OLED has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 149.64, a Stop Loss order could be placed below this zone.
More info and screens
143.44
199.01
When analyzing the support we notice one important area.
- A support zone ranging from 144.89 to 149.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 150.10 to 151.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @154.69 from a horizontal line in the daily time frame.
- Resistance @185.02 from a trend line in the weekly time frame.
- Resistance @197.04 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.06
Mansfield-2.42
10 Day High158.91
10 Day Low143.25
20 Day High158.91
20 Day Low143.25
52 Week High237
52 Week Low143.25
Performance
1 Week3.58%
2 Weeks-0.94%
1 Month0.66%
3 Month-25.75%
6 Month-34.28%
12 Month-14.52%
2 Year13.25%
3 Year-2.23%
5 Year-14.8%
10 Year371.09%
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)0.74
RSI(14)44.79
LBB143.26
UBB154.9
UNIVERSAL DISPLAY CORP
NASDAQ:OLED (1/21/2025, 8:18:32 PM)
After market: 150.09 0 (0%)150.09
+0.85 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.57%
1 Week3.58%
2 Weeks-0.94%
1 Month0.66%
3 Month-25.75%
6 Month-34.28%
12 Month-14.52%
2 Year13.25%
3 Year-2.23%
5 Year-14.8%
10 Year371.09%
15 YearN/A
Volatility
ATR(14)4.57
ATR(20)%2.88%
ATR Inc-9.88%
Range Today3.12
ADR(20)3.94
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.06
Mansfield-2.42
10 Day High158.91
10 Day Low143.25
20 Day High158.91
20 Day Low143.25
52 Week High237
52 Week Low143.25
CS1 End149.64
CR1 Start150.1
Volume & EV
DER(3)1.57%
DER(5)1.84%
Volume875.40K
Volume Incr54.73%
Vol(5)921.24K
Vol(50)637.66K