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UDR Stock Tickeron detected bullish Stock Pattern: Three Rising Valleys UDR on August 07, 2024, netting in a 10.45% gain over 1 month

A.I.dvisor
at Tickeron.com
09/05/24
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+10.45% Gain from a Successful pattern Three Rising Valleys
UDR - UDR
Ticker: UDR
Company: UDR
Gain: +10.45%
Confirmed: 08/07/24
Succeeded: 09/03/24
Total length: 40 days
On July 25, 2024, A.I.dvisor detected a Three Rising Valleys Pattern (Bullish) for UDR (UDR, $40.67). On August 07, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $44.74. 27 days later, on September 03, 2024, UDR reached the target price resulting in a +1 for traders who took a long position in the stock.

Momentum Indicator for UDR turns positive, indicating new upward trend

UDR saw its Momentum Indicator move above the 0 level on October 15, 2024. 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 101 similar instances where the indicator turned positive. In of the 101 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 57 cases where UDR's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

UDR moved above its 50-day moving average on October 11, 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 335 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for UDR moved out of overbought territory on September 17, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Moving Average Convergence Divergence Histogram (MACD) for UDR turned negative on September 20, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where UDR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

UDR broke above its upper Bollinger Band on September 12, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for UDR entered a downward trend on October 16, 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 steady 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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued 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 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 85, 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 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).

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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