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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Unity Software Inc. (NYSE:U)
Sidelines Mode (+55) - U is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid U?
MarketClub looks at technical strength and momentum to determine if the timing is right for U.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for U
The long-term trend has been DOWN since Mar 4th, 2024 at 27.730
The intermediate-term trend has been UP since May 6th, 2024 at 25.400
The short-term trend has been DOWN since May 8th, 2024 at 24.395
Smart Scan Analysis for U
Based on our trend formula, U is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.7900 | 24.5200 | 23.5800 | 24.4213 | +0.3213 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.1000 | 4613764 | 2024-05-09 12:13:26 |
| 52wk High | 50.08 | 52wk High Date | 2023-07-19 |
| 52wk Low | 22.2 | 52wk Low Date | 2023-11-10 |
| Average Volume | 5,933,270 | Shares Outstanding | 385,942 |
| Assets | 724,344,100M | Liabilities | 406,079,900M |
| P/E Ratio | -53.86750000 |