Is United Technologies Corporation ($UTX) Set To Blow Up? (2019-10-22)

REPORTING FOR 2019-10-22 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how UTX has been trading over the last 2 weeks and the past day especially. On its latest session, United Technologies Corporation ($UTX) opened at 138.17, reaching a high of 139.0 and a low of 137.74 before closing at a price of 138.35. There was a total volume of 3641795.

VOLUME INDICATORS FOR UNITED TECHNOLOGIES CORPORATION ($UTX): We saw an accumulation-distribution index of 2659.41489, an on-balance volume of -136.8, chaikin money flow of 2.03614 and a force index of 0.1026. There was an ease of movement rating of 0.00038, a volume-price trend of 7.79088 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR UNITED TECHNOLOGIES CORPORATION ($UTX): We noted an average true range of 1.49533, bolinger bands of 138.86448, an upper bollinger band of 135.38552, lower bollinger band of 137.74, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 138.30333, high band keltner channel of 137.47333, low band keltner channel of 139.13333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 137.74, a donchian channel low band of 137.74, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR UNITED TECHNOLOGIES CORPORATION ($UTX): We calculated a Moving Average Convergence Divergence (MACD) of -0.0276, a MACD signal of -0.01533, a MACD difference of -0.01226, a fast Exponential Moving Average (EMA) indicator of 137.74, a slow Exponential Moving Average (EMA) indicator of 137.74, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.7028, a trix of 4.23699, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -7.36586, a KST Oscillator (KST) of 56.49788 and a KST Oscillator (KST Signal) of 56.49788 (leaving a KST difference of -2.3586). We also found an Ichimoku rating of 138.585, an Ichimoku B rating of 138.585, a Ichimoku visual trend A of 132.59032, an Ichimoku visual trend B of 132.89149, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR UNITED TECHNOLOGIES CORPORATION ($UTX): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 94.48425, a stochastic oscillator of 151.80723, a stochastic oscillator signal of 151.80723, a Williams %R rating of 51.80723 and an awesome oscillator of -0.22567.

RETURNS FOR UNITED TECHNOLOGIES CORPORATION ($UTX): There was a daily return of 5.64979, a daily log return of -0.897 and a cumulative return of -0.89299.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-22 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for United Technologies Corporation ($UTX)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling United Technologies Corporation ($UTX) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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