UNITED RENTALS INC (URI)

US9113631090 - Common Stock

840.74  +20.19 (+2.46%)

After market: 840.74 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, URI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, URI is showing a nice and steady performance.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, URI did better than 91% of all other stocks. We also observe that the gains produced by URI over the past year are nicely spread over this period.
URI is part of the Trading Companies & Distributors industry. There are 51 other stocks in this industry. URI outperforms 84% of them.
URI 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 URI is lagging the market slightly.
In the last month URI has a been trading in the 779.63 - 896.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
URI Weekly chart
URI Daily chart
Setup Rating and Analysis

6

URI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

622.06

889.13

5 important support areas can be observed.

  • A support zone ranging from 817.01 to 819.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 785.98 to 800.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @742.58 from a trend line in the daily time frame.
  • Support @712.31 from a horizontal line in the daily time frame.
  • Support @628.34 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 875.02 to 880.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS91.38
Mansfield0.94
10 Day High896.98
10 Day Low817.79
20 Day High896.98
20 Day Low779.63
52 Week High896.98
52 Week Low454.71
Performance
1 Week-1.04%
2 Weeks-2.51%
1 Month1.91%
3 Month12.85%
6 Month24.82%
12 Month79.91%
2 Year138.15%
3 Year148.2%
5 Year449.32%
10 Year641.98%
15 Year9018.66%
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)-3.87
RSI(14)53.36
LBB786.82
UBB899.44
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
847.72817.7829.94 (3.53%)25.00%
An entry @847.72. This is a Buy Stop order right above the 10 day moving average.An exit @817.78. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 29.94 points, which is 3.53%.For a 0.88% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of URI. Please evaluate whether better entry and exit points can be found.
  • 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.
URI Daily chart

UNITED RENTALS INC

NYSE:URI (11/21/2024, 8:04:00 PM)

After market: 840.74 0 (0%)

840.74

+20.19 (+2.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg2.46%
1 Week-1.04%
2 Weeks-2.51%
1 Month1.91%
3 Month12.85%
6 Month24.82%
12 Month79.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)23.79
ATR(20)%2.66%
ATR Inc
Range Today24.51
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High896.98
10 Day Low817.79
20 Day High896.98
20 Day Low779.63
52 Week High896.98
52 Week Low454.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume711.80K
Volume Incr-11.66%
Vol(5)531.46K
Vol(50)515.69K