UNIVERSAL DISPLAY CORP (OLED) Stock Technical Analysis
NASDAQ:OLED - Nasdaq - US91347P1057 - Common Stock - Currency: USD
Overall OLED gets a technical rating of 1 out of 10. OLED 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
75% of all other stocks performed better in the past year than OLED.
OLED is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month OLED has a been trading in the 140.17 - 158.99 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
OLED is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, OLED did better than 42% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of OLED is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
140.61
192.22
When analyzing the support we notice one important area.
- A support zone ranging from 142.03 to 142.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 157.31 to 157.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @190.32 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
CRS25.42
Mansfield-1.81
10 Day High158.99
10 Day Low140.17
20 Day High158.99
20 Day Low140.17
52 Week High237
52 Week Low140.17
Performance
1 Week9.46%
2 Weeks9.18%
1 Month6.47%
3 Month-6.6%
6 Month-18.97%
12 Month-8.49%
2 Year15.79%
3 Year1.54%
5 Year-0.94%
10 Year357.4%
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)1.38
RSI(14)65.92
LBB137.57
UBB152.59
157.3
+9.96 (+6.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg6.76%
1 Week9.46%
2 Weeks9.18%
1 Month6.47%
3 Month-6.6%
6 Month-18.97%
12 Month-8.49%
2 Year15.79%
3 Year1.54%
5 Year-0.94%
10 Year357.4%
15 YearN/A
Volatility
ATR(14)4.6
ATR(20)%3.12%
ATR Inc76.72%
Range Today9.24
ADR(20)4.56
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.42
Mansfield-1.81
10 Day High158.99
10 Day Low140.17
20 Day High158.99
20 Day Low140.17
52 Week High237
52 Week Low140.17
CS1 End142.49
CR1 Start157.31
Volume & EV
DER(3)-0.2%
DER(5)-0.58%
Volume2.03M
Volume Incr43.35%
Vol(5)1.04M
Vol(50)692.95K