Momentum Indicator for UMI turns positive, indicating new upward trend
UMI saw its Momentum Indicator move above the 0 level on January 13, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 86 similar instances where the indicator turned positive. In of the 86 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for UMI just turned positive on January 14, 2026. Looking at past instances where UMI's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
UMI moved above its 50-day moving average on January 12, 2026 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 UMI advanced for three days, in of 384 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 313 cases where UMI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where UMI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Advertisement
General Information
Category Energy
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TZINX | 3.11 | 0.03 | +0.97% |
| Templeton Global Dynamic Income Adv | |||
| JIESX | 22.15 | 0.19 | +0.87% |
| JPMorgan Developed International Value I | |||
| PWDCX | 11.40 | 0.09 | +0.80% |
| DF Tactical Dividend Fund C | |||
| JUSMX | 19.70 | 0.04 | +0.20% |
| JPMorgan US Small Company R6 | |||
| AGVFX | 28.92 | -0.26 | -0.89% |
| American Funds Global Insight A | |||
UMI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, UMI has been closely correlated with MLPX. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if UMI jumps, then MLPX could also see price increases.
| Ticker / NAME | Correlation To UMI | 1D Price Change % | ||
|---|---|---|---|---|
| UMI | 100% | +2.10% | ||
| MLPX - UMI | 96% Closely correlated | +2.26% | ||
| ATMP - UMI | 94% Closely correlated | +2.17% | ||
| EMLP - UMI | 93% Closely correlated | +1.76% | ||
| TPYP - UMI | 89% Closely correlated | +2.00% | ||
| AMLP - UMI | 86% Closely correlated | +1.51% | ||
More | ||||