Trading Signals: U Stock Price Prediction and Forecast

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

Wed. Nov. 4, 2020

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

(Unity Software Inc)
U latest price $106.4500 (8.54%) ($100.5000 - $106.8800) on Wed. Nov. 4, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.07% (three month average)
RSI   62
Latest Price   $106.4500(8.54%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   U advances 1.3% a day on average for past five trading days.
Weekly Trend   U advances 5.1% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Rotation from value to growth for small cap.
Correlated ETFs   Broad market will support U advance at 0% a week (0% probability)
SKYY(67%)    ARKK(65%)    VUG(65%)    IBUY(62%)    XLY(62%)
Factors Impacting U price   U will decline at least -3.035% in a week (0% probabilities).
VIXM(-37%)    UUP(-25%)    VXX(-14%)    TBT(-12%)    EDOC(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.035% (StdDev 6.07%)
Hourly BBV 0 ()
Intraday Trend 4.6%

5 Day Moving Average   $100.47(5.95%)
10 Day Moving Average   $100.44(5.98%)
20 Day Moving Average   $96.15(10.71%)
To recent high   -2.2%
To recent low   55.7%
Market Cap   $28.848b

$. U price fluctuates within 6.22% (three month std-dev: 6.07%) daily (68% of days).

Sample size 23 Average positive next day return: 2.32%(52%) Average negative next day return: -2.67%(48%) Sample size 23 Average positive next three day return: 7.64%(52%) Average negative next three day return: -3.56%(48%) Sample size 23 Average positive next weekly return: 10.16%(70%) Average negative next weekly return: -4.95%(30%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201204

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	Nov_4_2020	91.21	96.15	100.44	100.47	99.18	100.48	106.45(8.54%)	UT	OpenLong	75	1	44	50	37	65	2.79	73%	0.52	67.2	6.07%	0	1.7	62	0.8
2	Nov_3_2020	90.74	95.23	98.92	99.14	99.35	96.38	98.07(4.19%)	N/A	N/A	0	-0.2	-5	-200	-19	37	2.16	71%	0.25	61.6	6.03%	0	0.5	59	-0.6
3	Nov_2_2020	90.51	94.52	97.95	100.32	99.97	97.88	94.13(-0.79%)	CR	SmallShort	-20	-1	-29	-160	-48	29	2.51	71%	0.12	55.6	6.1%	0	-0.1	54	-1.4
4	Oct_30_2020	90.4	94.07	97.6	101.49	101.53	102.33	94.88(-12.83%)	UD	OpenLong	75	-1	17	60	3	57	5.1	71%	0.17	50	6.19%	0	0.1	57	-1.7
5	Oct_29_2020	90.25	93.55	97.44	101.97	101.08	102.05	108.84(9.1%)	UT	OpenLong	75	1	36	40	25	68	2.81	81%	0.71	46.6	5.71%	0	2.2	57	-1.4

6	Oct_28_2020	89.61	92.29	95.61	100.39	99.63	100.73	99.76(-4.08%)	UD	OpenLong	75	-0.1	27	50	17	57	2.39	79%	0.41	47.3	5.64%	0	1.2	58	-2.6
7	Oct_27_2020	89.24	91.64	94.64	98.64	98.58	100.12	104(4.04%)	UT	OpenLong	75	0.9	48	110	44	59	5.98	79%	0.61	45.2	5.63%	0	2.1	64	-0.5
8	Oct_26_2020	88.7	91.1	93.36	95.27	95.39	98.54	99.96(2.75%)	UT	OpenLong	75	0.9	36	230	34	43	2.93	79%	0.5	41.3	5.72%	0	1.7	67	-0.4
9	Oct_23_2020	88.26	90.81	92.31	93.14	92.93	97.04	97.28(-3.65%)	UD	OpenLong	75	0.9	52	300	54	44	3.25	79%	0.41	54.3	5.83%	0	1.3	64	1.1
10	Oct_22_2020	87.9	90.4	92.36	92.19	91.16	92.23	100.96(10.95%)	UT	OpenLong	75	1.8	42	50	40	49	4.74	79%	0.62	70	5.85%	0	2.2	67	1.2

11	Oct_21_2020	87.36	89.49	91.31	90.29	90.42	88.81	91(4.42%)	N/A	N/A	0	0.2	-3	-120	-12	25	1.27	76%	0.18	0	5.65%	0	0.3	60	0.9
12	Oct_20_2020	87.2	89.06	91.11	90.09	90.62	90.08	87.15(-2.41%)	N/A	N/A	0	-0.6	-15	-20	-26	20	1.22	76%	0	0	5.74%	0	-0.4	52	0.6
13	Oct_19_2020	87.2	88.98	90.8	91.08	91.56	92.02	89.3(-3.52%)	UD	OpenLong	75	-0.3	11	50	6	27	1.67	76%	0.11	0	5.82%	0	0.1	45	0.7
14	Oct_16_2020	87.1	88.24	90.36	91.22	91.77	91.16	92.56(1.24%)	N/A	N/A	0	0.2	-4	-30	-8	10	0.96	76%	0.31	0	5.85%	0	0.6	46	1.4
15	Oct_15_2020	86.83	87.11	89.49	91.22	92.5	91.11	91.43(1.57%)	N/A	N/A	0	-0.2	-12	-110	-19	8	1.37	76%	0.28	0	6%	0	0.6	53	1.6