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Takip Edin: @UscMarketsURI Stock Forecast & United Rentals Chart Analysis
This article provides a detailed analysis of URI-United Rentals stock including a forecast for URI shares. It features United Rentals, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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URI Historical Data Review
URI Current Price Performance Analysis
The United Rentals - URI stock traded on the American stock market, on 06-05-2024, closed at 640.87$ with a %1.53 increased compared to the previous day.
In the last month, the price of URI changed by %-6.22 decreased in value, from 683.34 dollars on 05-06-2024 to 640.87 dollars, decreased.
Last year, the price of URI was 371.16 dollars on 06-06-2023, and changed by %72.67 increased in value, to 640.87 dollars increased within a year.
The price of United Rentals stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
URI with AI Stock Forecast & Price Target
On the URI chart United Rentals price was recorded as 640.87 Dollars on 06/05/2024.
The artificial intelligence's forecast on URI stock is as follows.
The artificial intelligence's prediction error margin for URI stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for United Rentals stock over the next 4 months is: 678.5 Dollars.
The commentary on URI stock Target Price: Highest: 736.556 Dollars is predicted.
The commentary on URI stock Target Price: Lowest: 599.238 Dollars is predicted.
Resistance Price where United Rentals stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-30-2024 | 736.556 |
| 09-23-2024 | 649.376 |
| 12-12-2024 | 688.636 |
| 01-01-2025 | 693.691 |
| 01-31-2025 | 722.517 |
| 02-10-2025 | 724.064 |
Support Price where United Rentals stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-13-2024 | 644.796 |
| 11-07-2024 | 599.238 |
| 12-17-2024 | 685.599 |
| 01-06-2025 | 689.725 |
| 02-05-2025 | 721.809 |
| 03-27-2025 | 675.995 |
The commentary on URI stock: Fluctuations in the target price can be expected in the coming days.
The target price for United Rentals stock by the end of 2024 is predicted to be 690.355 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on URI stock, and the 2024 target price predictions for United Rentals are detailed above.
The technical analysis and charts for the commentary on URI stock are below.
URI Support & Resistance and Trend Analysis
URI stock you have reviewed the technical analysis support resistance charts regarding.
URI : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the URI review, the United Rentals support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
United Rentals Support and Resistance Prices:
| URI Support Level Price | URI Resistance Level Price |
|---|---|
| 454.71 | 505.16 |
| 533.70 | 585.50 |
| 620.27 | 673.68 |
| 621.56 | 713.59 |
| 629.58 | 715.34 |
| 646.60 | 724.95 |
| 650.01 | 727.00 |
| 668.77 | 732.37 |
URI Technical Analysis: SMA, RSI, MACD
Upon reviewing the URI chart, buy and sell signals have been generated in the United Rentals technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for URI stock are as follows:- URI technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for United Rentals gave a 'Buy' signal when the RSI was at 21.597, with the current RSI value at 31.517.
- The technical analysis for United Rentals indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for United Rentals stock: Click here to read more predictions on TE Connectivity Ltd. stock.
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