Trading Signals: U Stock Price Prediction and Forecast

^ U: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Dec. 22, 2023

Trading Signals: U Stock Price Prediction and Forecast (Fri. Sep. 18, 2020 - Fri. Dec. 22, 2023)

(Unity Software Inc)
U latest price $38.8450 (-2.18%) ($37.4300 - $38.9200) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.57% (three month average)
RSI   71
Latest Price   $38.8450(-2.18%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   U declines -0.3% a day on average for past five trading days.
Weekly Trend   U advances 11% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support U advance at 0% a week (0% probability)
ICLN(93%)    PAVE(90%)    XLY(89%)    XME(88%)    XOP(87%)
Factors Impacting U price   U will decline at least -1.785% in a week (0% probabilities).
TBT(-44%)    VIXM(-38%)    VXX(-21%)    UUP(-18%)    SHY(5%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.785% (StdDev 3.57%)
Hourly BBV 0 ()
Intraday Trend 0.9%

5 Day Moving Average   $39.5(-1.66%)
10 Day Moving Average   $37.75(2.9%)
20 Day Moving Average   $34.54(12.46%)
To recent high   -5.1%
To recent low   54.9%
Market Cap   $10.527b

$. U price fluctuates within 11.75% (three month std-dev: 3.57%) daily (68% of days).

Sample size 50 Average positive next day return: 2.7%(58%) Average negative next day return: -4.1%(42%) Sample size 50 Average positive next three day return: 5.89%(56%) Average negative next three day return: -6.86%(44%) Sample size 50 Average positive next weekly return: 8.46%(60%) Average negative next weekly return: -8.03%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240122

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_22_2023	32.23	34.54	37.75	39.5	39.54	38.94	38.85(-2.18%)	UD	OpenLong	65	-0.2	35	-100	-13	180	7.17	59%	-0.06	72.6	3.57%	0	1.1	71	1.4
2	Dec_21_2023	32.25	34.04	37.17	39.6	39.71	39.64	39.71(2.69%)	UD	OpenLong	65	0	48	-0	-2	197	10.23	57%	-0.06	75.2	3.55%	-0.7	1.4	74	0.6
3	Dec_20_2023	32.27	33.48	36.41	39.31	39.56	40.13	38.67(-5.54%)	UD	OpenLong	75	-0.2	69	120	20	216	11.92	57%	-0.22	73.4	3.6%	-1.6	1.3	79	0.3
4	Dec_19_2023	32.34	32.96	35.71	38.66	38.94	39.77	40.94(4.15%)	UT	HoldLong	65	0.6	92	170	48	225	13.71	60%	-0.15	69.1	3.53%	1.8	2.1	81	0.7
5	Dec_18_2023	32.39	32.35	34.71	37.11	37.41	38.99	39.31(-0.13%)	UD	OpenLong	75	0.6	85	320	48	196	11.04	55%	-0.18	66	3.5%	0.9	2	82	0.8

6	Dec_15_2023	32.45	31.82	34.01	35.72	35.83	38.12	39.36(2.82%)	UT	HoldLong	65	1.2	95	460	66	182	18.57	55%	-0.12	64.2	3.65%	1	2.5	84	0.8
7	Dec_14_2023	32.49	31.27	33.27	34.39	34.16	35.84	38.28(8.17%)	UT	HoldLong	65	1.5	88	320	63	164	21.27	55%	-0.15	69.2	3.64%	1.6	2.8	78	1.6
8	Dec_13_2023	32.54	30.83	32.37	33.12	32.93	33.54	35.39(6.63%)	UT	OpenLong	75	1.2	57	110	34	127	15.34	50%	-0.25	81.6	3.52%	2.6	2.4	75	1.4
9	Dec_12_2023	32.62	30.5	31.85	32.34	32.26	32.49	33.19(2.44%)	UT	OpenLong	75	0.5	35	40	11	108	9.44	47%	-0.31	90.1	3.48%	1.5	1.6	72	1.6
10	Dec_11_2023	32.72	30.24	31.47	31.95	32.04	32.33	32.4(-0.92%)	UD	OpenLong	75	0.3	27	70	4	95	6.58	47%	-0.4	94.6	3.48%	0.4	1.4	63	1.4

11	Dec_8_2023	32.85	29.98	31.07	32	31.92	32.03	32.7(2.51%)	UT	OpenLong	75	0.4	27	20	5	94	13.39	47%	-0.33	91.7	3.49%	1.3	1.7	65	1.2
12	Dec_7_2023	32.96	29.61	30.68	31.97	31.91	31.75	31.9(1.27%)	UT	OpenLong	75	-0	32	-40	10	99	7.44	47%	-0.51	81.7	3.47%	0.4	1.3	64	1
13	Dec_6_2023	33.13	29.32	30.36	31.49	31.74	31.81	31.5(0.77%)	UT	OpenLong	75	0	21	40	4	73	9.69	47%	-0.48	74.6	3.49%	-0.7	1.2	55	1.2
14	Dec_5_2023	33.29	29.09	30.05	31.26	31.29	32.06	31.26(-4.27%)	UD	OpenLong	75	0	28	180	15	68	10.99	49%	-0.45	75.6	3.49%	-1.3	1.2	59	1.3
15	Dec_4_2023	33.44	28.82	29.86	30.88	30.99	31.68	32.66(0.42%)	UT	OpenLong	75	0.9	50	170	42	74	10.95	51%	-0.36	70.3	3.5%	0.9	2	68	1.4

16	Dec_1_2023	33.56	28.55	29.48	29.98	30.06	30.52	32.52(10.2%)	UT	OpenLong	75	1.5	30	120	23	49	17.92	51%	-0.42	70.2	3.52%	1.7	2.4	71	1.3
17	Nov_30_2023	33.7	28.22	29.09	29.24	29.44	30.3	29.51(-2.8%)	UD	OpenLong	75	0.2	25	230	18	47	9.3	46%	-0.41	66.2	3.24%	-0.5	0.9	71	1.4
18	Nov_29_2023	33.84	28	29.14	29.06	29.1	29.6	30.36(3.37%)	UT	OpenLong	75	0.8	39	120	29	70	17.64	49%	-0.41	57.4	3.24%	1.1	1.5	69	1.3
19	Nov_28_2023	33.98	27.75	29.01	28.67	28.62	28.57	29.37(4.41%)	UT	HoldLong	50	0.4	14	-20	-1	58	7.59	48%	-0.32	44.9	3.31%	1.6	1	62	1.5
20	Nov_27_2023	34.09	27.54	28.89	28.69	28.63	28.61	28.13(-2.5%)	UD	OpenLong	65	-0.3	12	-10	-8	73	14.66	46%	-0.35	40.5	3.26%	-1	0.4	63	1.3

21	Nov_24_2023	34.21	27.42	28.81	28.9	28.88	28.67	28.85(0.91%)	UD	OpenLong	65	-0	20	-50	-1	82	3.66	46%	-0.55	39.2	3.27%	0	0.9	55	1.4
22	Nov_22_2023	34.4	27.27	28.48	28.91	28.94	28.66	28.59(0.6%)	UD	OpenLong	65	-0.2	8	-60	-15	75	7.55	46%	-0.17	35.8	3.26%	-0.5	0.8	61	1.2
23	Nov_21_2023	34.46	27.13	28.25	29.23	29.13	29.09	28.42(-3.46%)	UD	OpenLong	65	-0.5	19	-20	-8	100	8.27	46%	-0.43	37.3	3.26%	-1.1	0.8	63	1.3
24	Nov_20_2023	34.61	27.07	28.1	29.38	29.38	29.23	29.44(0.82%)	UT	OpenLong	75	0	37	-40	7	125	7.78	47%	-0.4	36.5	3.24%	0.6	1.5	65	1.4
25	Nov_17_2023	34.75	26.9	27.74	29.13	29.26	29.18	29.2(1.04%)	UT	OpenLong	75	0	37	-10	8	124	7.57	47%		28	3.24%	-0.2	1.5	66	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD