14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of URI
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

United Rentals Inc stock price ended at $683.61 on Monday, after gaining 1.19%.
(Updated on Mar 18, 2024)

Buy or Hold candidate since Dec 07, 2023 Gain 41.24% PDF

The United Rentals Inc stock price gained 1.19% on the last trading day (Monday, 18th Mar 2024), rising from $675.58 to $683.61. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.03% from a day low at $673.29 to a day high of $686.99. The price has been going up and down for this period, and there has been a -4.03% loss for the last 2 weeks. Volume fell on the last day by -514 thousand shares and in total, 357 thousand shares were bought and sold for approximately $243.82 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a 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 26.84% during the next 3 months and, with a 90% probability hold a price between $836.76 and $936.53 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

URI Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -4.03%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The United Rentals Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $673.72 and $663.67. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for United Rentals Inc stock

United Rentals Inc finds support from accumulated volume at $651.64 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $13.70 between high and low, or 2.03%. For the last week, the stock has had daily average volatility of 2.17%.

Our recommended stop-loss: $654.59 (-4.25%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (URI) For The Upcoming Trading Day Of Tuesday 19th

For the upcoming trading day on Tuesday, 19th we expect United Rentals Inc to open at $681.30, and during the day (based on 14 day Average True Range), to move between $666.32 and $700.90, which gives a possible trading interval of +/-$17.29 (+/-2.53%) up or down from last closing price. If United Rentals Inc takes out the full calculated possible swing range there will be an estimated 5.06% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $686.19 (0.38%) than the support at $651.64 (4.68%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is United Rentals Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for United Rentals Inc stock to perform well in the short-term.

Current score: 3.724 Buy Candidate Unchanged

Predicted Opening Price for United Rentals Inc of Tuesday, March 19, 2024

Fair opening price March 19, 2024 Current price
$681.30 ( 0.338%) $683.61

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for URI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 695.00 1.67 %
R2 689.76 0.90 %
R1 686.53 0.427 %
Current price: 683.61
Support S1 676.06 -1.10 %
S2 672.83 -1.58 %
S3 667.60 -2.34 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 712.31 4.20 %
R2 700.59 2.48 %
R1 686.19 0.377 %
Current price 683.61
Support S1 651.64 -4.68%
S2 630.75 -7.73%
S3 576.90 -15.61%

URI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 24, 2024 Feb 14, 2024 Feb 28, 2024 $1.63 0.238%
2 Jan 24, 2024 Feb 13, 2024 Feb 28, 2024 $1.63 0.238%
3 Oct 25, 2023 Nov 07, 2023 Nov 22, 2023 $1.48 0.319%
4 Jul 26, 2023 Aug 08, 2023 Aug 23, 2023 $1.48 0.330%
5 Apr 26, 2023 May 09, 2023 May 24, 2023 $1.48 0.443%

FAQ

What is the symbol for United Rentals Inc Stock and on which exchange is it traded?
The symbol for United Rentals Inc is URI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell United Rentals Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for United Rentals Inc stock to perform well in the short-term.

How to buy United Rentals Inc Stock?
United Rentals Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy United Rentals Inc Stock.

What's the current price of United Rentals Inc Stock?
As of the end of day on the 2024-03-18, the price of an United Rentals Inc (URI) share was $683.61.

What is the 52-week high and low for United Rentals Inc Stock?
The 52-week high for United Rentals Inc Stock is $732.37 and the 52-week low is $325.17.

What is the market capitalization of United Rentals Inc Stock?
As of the 2024-03-18, the market capitalization of United Rentals Inc is 45.393B.

When is the next earnings date for United Rentals Inc?
The upcoming earnings date for United Rentals Inc is Apr 24, 2024.
Click to get the best stock tips daily for free!

About United Rentals Inc

United Rentals United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure wa... URI Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT