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Archive - 5/23/2025 - Sign In to see current Signals. |
United Rentals (URI) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the United Rentals (URI). During the week, the URI dropped -25.57 points, or -3.52%, and closed at 700.10 on Friday, May 23, 2025. Weekly volume was -33% below average. URI is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See URI long-term trend chart] A long-term uptrend had started on March 6, 2009 at 2.52 and reached 897.00 on November 11, 2024. URI gained -894.48 points, or -35495.24%, in 818 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (87.22) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See URI medium-term trend chart] A medium-term uptrend had started on June 23, 2022 at 230.54 and reached 897.00 on November 11, 2024. URI gained -666.46 points, or -289.09%, in 124 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 565.71 and resistance is at 1028.55. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See URI weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since May 9, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See URI short-term trend chart] A short-term uptrend had started on April 7, 2025 at 525.90 and reached 732.00 on May 13, 2025. URI gained -206.10 points, or -39.19%, in 36 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (716.06) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See URI daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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