UNITI GROUP INC (UNIT)
US91325V1089 - REIT
We assign a technical rating of 3 out of 10 to UNIT. UNIT was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
68% of all other stocks performed better in the past year than UNIT.
In the last month UNIT has a been trading in the 5.43 - 6.31 range, which is quite wide. It is currently trading near the lows of this range.
UNIT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UNIT is lagging the market slightly.
UNIT has an average volume of 2210260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
UNIT is an average performer in the Specialized REITs industry, it outperforms 51% of 28 stocks in the same industry.
Although the technical rating is bad, UNIT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for UNIT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.01
6.60
When analyzing the support we can see 2 important areas.
- Support @5.22 from a horizontal line in the daily time frame.
- Support @5.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.74 to 5.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.03 to 6.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.53 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.64
Mansfield0
10 Day High6.31
10 Day Low5.43
20 Day High6.31
20 Day Low5.43
52 Week High6.71
52 Week Low2.57
Performance
1 Week-5.8%
2 Weeks-5.15%
1 Month-8.46%
3 Month-5.48%
6 Month89.04%
12 Month-4.5%
2 Year-0.18%
3 Year-60.6%
5 Year-32.76%
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)-0.06
RSI(14)42.77
LBB5.36
UBB6.23
UNITI GROUP INC
NASDAQ:UNIT (12/24/2024, 7:43:13 PM)
After market: 5.54 +0.02 (+0.36%)5.52
+0.03 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.55%
1 Week-5.8%
2 Weeks-5.15%
1 Month-8.46%
3 Month-5.48%
6 Month89.04%
12 Month-4.5%
2 Year-0.18%
3 Year-60.6%
5 Year-32.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%4.55%
ATR Inc-41.89%
Range Today0.08
ADR(20)0.25
ADR(20)%4.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.64
Mansfield0
10 Day High6.31
10 Day Low5.43
20 Day High6.31
20 Day Low5.43
52 Week High6.71
52 Week Low2.57
CS1 End5.22
CR1 Start5.74
Volume & EV
DER(3)3.82%
DER(5)1.49%
Volume451.70K
Volume Incr-12.76%
Vol(5)1.98M
Vol(50)2.21M