UNIVERSAL ELECTRONICS INC (UEIC)

US9134831034 - Common Stock

10.72  -0.17 (-1.56%)

Technical Rating and Analysis

7

Taking everything into account, UEIC scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

UEIC 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
UEIC is one of the better performing stocks in the Household Durables industry, it outperforms 90% of 66 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that UEIC is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this relatively good performance is mostly due to a recent big move.
UEIC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UEIC is lagging the market slightly.
Weekly and Daily overview Charts
UEIC Weekly chart
UEIC Daily chart
Setup Rating and Analysis

7

UEIC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.71, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

8.22

12.44

2 important support areas can be observed.

  • A support zone ranging from 10.50 to 10.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @8.30 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 11.59 to 12.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 12.25 to 12.32. This zone is formed by a combination of multiple trend lines 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
CRS85.15
Mansfield-0.31
10 Day High11.27
10 Day Low10.21
20 Day High12.12
20 Day Low10.21
52 Week High14.2
52 Week Low7.53
Performance
1 Week-0.56%
2 Weeks-2.55%
1 Month-8.92%
3 Month26.42%
6 Month-5.3%
12 Month22.23%
2 Year-54.25%
3 Year-69.79%
5 Year-78.36%
10 Year-83.18%
15 Year-54.9%
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)-0.1
RSI(14)44.88
LBB10.3
UBB11.63
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
11.2810.490.79 (6.97%)14.35%
An entry @11.28. This is a Buy Stop order right above the 10 day high.An exit @10.49. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.79 points, which is 6.97%.When investing 14.35% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
UEIC Daily chart

UNIVERSAL ELECTRONICS INC

NASDAQ:UEIC (1/3/2025, 8:07:41 PM)

10.72

-0.17 (-1.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.56%
1 Week-0.56%
2 Weeks-2.55%
1 Month-8.92%
3 Month26.42%
6 Month-5.3%
12 Month22.23%
2 Year-54.25%
3 Year-69.79%
5 Year-78.36%
10 Year-83.18%
15 Year-54.9%
Volatility
ATR(14)0.42
ATR(20)%3.93%
ATR Inc15.27%
Range Today0.48
ADR(20)0.42
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.15
Mansfield-0.31
10 Day High11.27
10 Day Low10.21
20 Day High12.12
20 Day Low10.21
52 Week High14.2
52 Week Low7.53
CS1 End10.71
CR1 Start11.59
Volume & EV
DER(3)-4.86%
DER(5)-2.76%
Volume48.90K
Volume Incr-24.12%
Vol(5)38.88K
Vol(50)55.18K