UDEMY INC (UDMY)

US9026851066 - Common Stock

8.22  -0.01 (-0.12%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to UDMY. UDMY 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.
80% of all other stocks performed better in the past year than UDMY.
UDMY 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 UDMY is lagging the market.
UDMY is part of the Diversified Consumer Services industry. There are 70 other stocks in this industry, UDMY did better than 46% of them.
In the last month UDMY has a been trading in the 7.54 - 8.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
UDMY Weekly chart
UDMY Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, UDMY 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. There is a support zone below the current price at 8.19, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

6.92

8.75

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 7.87 to 8.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @7.67 from a trend line in the weekly time frame.
  • Support @7.47 from a trend line in the daily time frame.
  • A support zone ranging from 7.16 to 7.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @6.99 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • Resistance @8.26 from a trend line in the daily time frame.
  • A resistance zone ranging from 8.47 to 8.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.66 from a horizontal line in the weekly 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
CRS20.16
Mansfield-1.95
10 Day High8.38
10 Day Low7.54
20 Day High8.86
20 Day Low7.54
52 Week High14.74
52 Week Low6.67
Performance
1 Week3.26%
2 Weeks-0.48%
1 Month-4.41%
3 Month11.52%
6 Month-0.84%
12 Month-37.18%
2 Year-21.99%
3 Year-57.88%
5 YearN/A
10 YearN/A
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
RSI(14)53.04
LBB7.72
UBB8.43
UDMY Daily chart

UDEMY INC

NASDAQ:UDMY (1/2/2025, 3:44:09 PM)

8.22

-0.01 (-0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-0.12%
1 Week3.26%
2 Weeks-0.48%
1 Month-4.41%
3 Month11.52%
6 Month-0.84%
12 Month-37.18%
2 Year-21.99%
3 Year-57.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%3.99%
ATR Inc-17.44%
Range Today0.27
ADR(20)0.32
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.16
Mansfield-1.95
10 Day High8.38
10 Day Low7.54
20 Day High8.86
20 Day Low7.54
52 Week High14.74
52 Week Low6.67
CS1 End8.19
CR1 Start8.26
Volume & EV
DER(3)1.61%
DER(5)0.26%
Volume342.09K
Volume Incr-44.26%
Vol(5)420.06K
Vol(50)705.84K