MENU

UDR Stock Tickeron detected bullish Stock Pattern: Broadening Bottom UDR on April 24, 2024, netting in a 10.52% gain over 4 weeks

A.I.dvisor
at Tickeron.com
05/16/24
Loading...
+10.52% Gain from a Successful pattern Broadening Bottom
UDR - UDR
Tickeron
Ticker: UDR
Company: UDR
Gain: +10.52%
Confirmed: 04/24/24
Succeeded: 05/15/24
Total length: 30 days
On April 15, 2024, A.I.dvisor detected a Broadening Bottom Pattern (Bullish) for UDR (UDR, $35.85). On April 24, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $39.89. 21 days later, on May 15, 2024, UDR reached the target price resulting in a +1 for traders who took a long position in the stock.

UDR's RSI Oscillator ascends from oversold territory

The RSI Oscillator for UDR moved out of oversold territory on November 04, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 08, 2024. You may want to consider a long position or call options on UDR as a result. In of 100 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for UDR just turned positive on November 08, 2024. Looking at past instances where UDR's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

UDR moved above its 50-day moving average on November 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UDR advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .

UDR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 10-day moving average for UDR crossed bearishly below the 50-day moving average on October 29, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The Aroon Indicator for UDR entered a downward trend on November 05, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. UDR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. UDR’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.056) is normal, around the industry mean (1.979). P/E Ratio (27.343) is within average values for comparable stocks, (62.368). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (7.058). Dividend Yield (0.046) settles around the average of (0.068) among similar stocks. P/S Ratio (7.407) is also within normal values, averaging (7.130).

View a ticker or compare two or three
UDR
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a real estate investment trust

Industry RealEstateInvestmentTrusts

Profile
Fundamentals
Details
Industry
Real Estate Investment Trusts
Address
1745 Shea Center Drive
Phone
+1 720 283-6120
Employees
1410
Web
https://www.udr.com