Trading Signals: U Stock Price Prediction and Forecast

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

Wed. Dec. 6, 2023

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

(Unity Software Inc)
U latest price $31.5000 (0.77%) ($31.4550 - $32.5850) on Wed. Dec. 6, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.49% (three month average)
RSI   55
Latest Price   $31.5000(0.77%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   U advances 0.7% a day on average for past five trading days.
Weekly Trend   U advances 4.2% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Normal for small cap.
Correlated ETFs   Broad market will support U advance at 0% a week (0% probability)
ARKK(80%)    XRT(79%)    ARKG(76%)    XLY(76%)    TAN(91%)
Factors Impacting U price   U will decline at least -1.745% in a week (0% probabilities).
TBT(-27%)    VIXM(-25%)    UUP(-20%)    VXX(-5%)    URA(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.745% (StdDev 3.49%)
Hourly BBV -0.7 ()
Intraday Trend -1.3%

5 Day Moving Average   $31.49(0.03%)
10 Day Moving Average   $30.36(3.75%)
20 Day Moving Average   $29.32(7.44%)
To recent high   -19.8%
To recent low   25.6%
Market Cap   $8.537b

$. U price fluctuates within 6.31% (three month std-dev: 3.49%) daily (68% of days).

Sample size 46 Average positive next day return: 1.62%(48%) Average negative next day return: -1.8%(52%) Sample size 46 Average positive next three day return: 3.07%(54%) Average negative next three day return: -2.06%(46%) Sample size 46 Average positive next weekly return: 3.56%(59%) Average negative next weekly return: -4.43%(41%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240106

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_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
2	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
3	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
4	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
5	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

6	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
7	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
8	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
9	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
10	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

11	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
12	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
13	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%	-0.43	28	3.24%	-0.2	1.5	66	1.5
14	Nov_16_2023	34.9	26.78	27.57	28.69	28.86	29.53	28.9(-4.27%)	UD	OpenLong	75	0.1	56	180	30	132	10.74	47%	-0.43	18	3.25%	-1	1.5	62	1.5
15	Nov_15_2023	35.05	26.7	27.28	27.96	27.68	29.34	30.19(3.46%)	UT	OpenLong	75	1.7	62	390	45	113	13.85	49%	-0.37	-1.4	3.22%	1.3	2.6	65	1.6

16	Nov_14_2023	35.18	26.54	26.75	27.13	26.79	28.18	29.18(3.62%)	UT	OpenLong	75	1.7	58	330	50	80	18.72	47%	-0.2	-30.8	3.21%	1.2	2.2	63	1.5
17	Nov_13_2023	35.25	26.5	26.36	26.65	26.2	26.02	28.16(4.26%)	UT	OpenLong	75	1.3	27	-100	23	38	25.66	45%	-0.28	-48.6	3.17%	1.4	1.5	52	1.4
18	Nov_10_2023	35.35	26.49	26.04	26.18	25.99	25.41	27.01(7.01%)	DP	OpenShort	-75	0.7	-20	-180	-24	-8	51.8	43%	-0.31	-65.7	3.12%	1.3	0.5	53	1.4
19	Nov_9_2023	35.46	26.53	25.88	26.31	26.59	26.38	25.24(-3.15%)	DT	OpenShort	-75	-0.9	-10	-20	-10	-8	24.17	38%	-0.37	-64.7	2.98%	-2	-1	43	0.9
20	Nov_8_2023	35.59	26.72	25.96	26.47	26.86	26.57	26.06(-2.76%)	N/A	N/A	0	-0.3	-0	-30	2	-7	13.33	40%	-0.39	-53.4	2.98%	-0.9	-0.5	44	1.6

21	Nov_7_2023	35.73	26.91	25.92	26.28	26.78	26.79	26.8(3.84%)	DP	OpenShort	-65	0.3	-3	60	5	-27	10.84	40%	-0.25	-50.7	2.98%	-0.2	-0.1	47	1.7
22	Nov_6_2023	35.82	27.06	25.96	25.99	26.41	27.15	25.81(-6.62%)	DT	HoldShort	-50	-0.1	-1	240	15	-47	13.06	37%	-0.47	-51.2	2.93%	-1.3	-0.8	36	1.9
23	Nov_3_2023	35.99	27.25	26.01	25.84	25.97	26.77	27.64(6.1%)	N/A	N/A	0	1.1	12	230	36	-61	11.52	40%	-0.42	-53.8	2.84%	1.2	0.2	45	1.9
24	Nov_2_2023	36.14	27.36	25.93	25.42	25.5	25.67	26.05(3.87%)	DP	OpenShort	-65	0.4	-17	60	11	-101	9.52	31%	-0.28	-63.1	2.72%	1	-0.8	39	1.9
25	Nov_1_2023	36.24	27.49	26.06	25.39	25.42	25.16	25.08(-1.14%)	DT	OpenShort	-75	-0.2	-36	-70	-8	-119	6.81	27%		-68.2	2.82%	-0.8	-1.4	29	1.6
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

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