UNITI GROUP INC (UNIT) Stock Technical Analysis
NASDAQ:UNIT - Nasdaq - US91325V1089 - REIT - Currency: USD
Overall UNIT gets a technical rating of 4 out of 10. In the last year, UNIT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, UNIT is a bad performer in the overall market: 71% of all stocks are doing better.
UNIT is one of the lesser performing stocks in the Specialized REITs industry. 82% of 29 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
UNIT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so UNIT is performing more or less in line with the market.
UNIT has an average volume of 1929940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month UNIT has a been trading in the 5.06 - 6.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UNIT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 5.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.62, a Stop Loss order could be placed below this zone.
More info and screens
5.23
6.19
We found 2 important support areas.
- A support zone ranging from 5.46 to 5.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.28 to 5.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.93 to 6.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.12 to 6.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.76
Mansfield0.97
10 Day High6.17
10 Day Low5.33
20 Day High6.17
20 Day Low5.06
52 Week High6.65
52 Week Low2.57
Performance
1 Week-2.43%
2 Weeks-3.26%
1 Month3.3%
3 Month-2.93%
6 Month7.03%
12 Month-14.18%
2 Year58.59%
3 Year-59.08%
5 Year-6.63%
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)0.02
RSI(14)50.68
LBB5.36
UBB5.91
5.63
-0.11 (-1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-1.92%
1 Week-2.43%
2 Weeks-3.26%
1 Month3.3%
3 Month-2.93%
6 Month7.03%
12 Month-14.18%
2 Year58.59%
3 Year-59.08%
5 Year-6.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%4.45%
ATR Inc-46.93%
Range Today0.18
ADR(20)0.23
ADR(20)%4.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.76
Mansfield0.97
10 Day High6.17
10 Day Low5.33
20 Day High6.17
20 Day Low5.06
52 Week High6.65
52 Week Low2.57
CS1 End5.62
CR1 Start5.93
Volume & EV
DER(3)-1.72%
DER(5)-4.1%
Volume2.35M
Volume Incr6.62%
Vol(5)2.18M
Vol(50)1.93M