Our Thoughts on United Rentals, Inc. ($URI) (2019-10-22)

REPORTING FOR 2019-10-22 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how URI has been trading over the last 2 weeks and the past day especially. On its latest session, United Rentals, Inc. ($URI) opened at 129.5, reaching a high of 132.9421 and a low of 129.38 before closing at a price of 129.67. There was a total volume of 1625539.

VOLUME INDICATORS FOR UNITED RENTALS, INC. ($URI): We saw an accumulation-distribution index of 1169.39365, an on-balance volume of -128.66, chaikin money flow of 1.06972 and a force index of 12.1776. There was an ease of movement rating of 0.04416, a volume-price trend of 10.46568 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR UNITED RENTALS, INC. ($URI): We noted an average true range of 2.41654, bolinger bands of 131.09872, an upper bollinger band of 125.78128, lower bollinger band of 129.38, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 130.60737, high band keltner channel of 127.16527, low band keltner channel of 134.04947, 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 129.38, a donchian channel low band of 129.38, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR UNITED RENTALS, INC. ($URI): We calculated a Moving Average Convergence Divergence (MACD) of -0.04218, a MACD signal of -0.02343, a MACD difference of -0.01875, a fast Exponential Moving Average (EMA) indicator of 129.38, a slow Exponential Moving Average (EMA) indicator of 129.38, 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 1.29418, a trix of 7.7849, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -9.70146, a KST Oscillator (KST) of 81.0627 and a KST Oscillator (KST Signal) of 81.0627 (leaving a KST difference of -3.92719). We also found an Ichimoku rating of 131.22105, an Ichimoku B rating of 131.22105, a Ichimoku visual trend A of 122.53281, an Ichimoku visual trend B of 120.78476, 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 RENTALS, INC. ($URI): 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 98.77819, a stochastic oscillator of 103.48624, a stochastic oscillator signal of 103.48624, a Williams %R rating of 3.48624 and an awesome oscillator of -1.28784.

RETURNS FOR UNITED RENTALS, INC. ($URI): There was a daily return of 8.10627, a daily log return of -1.46374 and a cumulative return of -1.45308.

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 Rentals, Inc. ($URI)…

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 Rentals, Inc. ($URI) 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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