Today UONEK ranks # as HOLD CANDIDATE.
Today UONEK ranks # as HOLD CANDIDATE.

UONEK stock Urban One Inc

UONEK stock
Urban One Inc

March 18, 2019
Change 1.48%
Chart period: 2018-12-19 - 2019-03-18
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

Will UONEK stock price go up or down on Tue, 19 Mar 2019?

Urban One Inc Forecast and Stock Analysis

Technical UONEK stock analysis for March 18, 2019.

Hold candidate since 2019-03-15 Gain 1.48%
Shorts n/a
Cash n/a
Loans n/a
Beta 0.55
ROA 11.04

Urban One Inc gained 1.48% in the last trading day, rising from $2.03 to $2.06 The price has been going up and down for this period, and there has been a 1.48% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 14 814 more shares were traded than the day before. In total, 27 659 shares bought and sold for approximately $56 977.50.

Close price at the end of the last trading day (Monday, 18th Mar 2019) of the UONEK stock was $2.06. This is 1.48% more than the trading day before Friday, 15th Mar 2019.

During day the stock fluctuated 2.99% from a day low at $2.01 to a day high of $2.07.

30 day high of the UONEK stock price was $2.18 and low was $1.95.
90 day high was $2.39 and low was $1.60.
52 week high for the Urban One Inc - $2.41 and low - $1.60.

Trend

Urban One Inc lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 10.2% during the next 3 months and, with 90% probability hold a price between $2.00 and $2.71 at the end of this period.

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Signals

Urban One Inc holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $2.03 and $2.05. A break down below any of these levels will issue sell signals. Urban One Inc has rising volume and follows the last lift in the price. This considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Thursday March 14, 2019, which indicates further falls until a new bottom pivot has been found.

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A buy signal from a double bottom formation was found on Thursday March 07, 2019 and based on theory for this formation the price should go up by 0.30% to $2.28 within 6 trading days since signal was issued (Friday March 15, 2019).

Relative Strength Index (RSI)

RSI14 is 53 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Urban One Inc finds support from accumulated volume at $2.01.

Support: $2.01 Price: $2.06 Resistance: $2.13

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.06 (2.99%) between high and low. For the last week, the stock has had a daily average volatility of 4.23%.

Our recommended stoploss: $1.97 (-4.27%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Urban One Inc holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development.

Today UONEK ranks # as HOLD CANDIDATE.
Today UONEK ranks # as HOLD CANDIDATE.