What Does MACD Oscillator Analysis predict about United Technologies Corporation (NYSE:UTX)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of United Technologies Corporation (NYSE:UTX) for the period of 9-Day stands at 29.67% while the stochastic %D for the same period stands at 32.51%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of United Technologies Corporation (NYSE:UTX) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for United Technologies Corporation (NYSE:UTX) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently United Technologies Corporation (NYSE:UTX)’s 20-Day Bollinger Band indicates “Hold”.

About Company

United Technologies Corporation ( UTC ) provides high-technology systems and services to the building and aerospace industries. The company creates smart, sustainable solutions by combining a passion for science with precision engineering. UTC serves customers in the commercial aerospace, defense and building industries and ranks among the world’s most respected and innovative companies. The company’s products include Otis ( elevators & escalators ), UTC Climate, Controls & Security, Pratt & Whitney, UTC Aerospace Systems and other. UTC combines innovation with performance to create smart, sustainable solutions that keep people safe, comfortable, productive and on the move. UTC is headquartered in Farmington, Connecticut.

Previous Day Activity Analysis

On the last trading day, United Technologies Corporation (NYSE:UTX) opened the session at $122.27 and after going down -0.41% closed at $122.45. The stock gained 0.18 points in the last trade.

United Technologies Corporation (NYSE:UTX)’s stock fluctuated in the range of $121.89 and $123.30 during the previous active session. United Technologies Corporation (NYSE:UTX) traded with the volume of 2.6 Million with average volume of 5.23 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 1.08 while ATR (Average True Range) and RSI (Relative Strength Index) are at 2.78 and 41.74 respectively.

Currently the Insider Ownership of the shares of United Technologies Corporation (NYSE:UTX) is at 0.07% and the shares outstanding are 819.64 Million.

Important Ratio Analysis

Some important ratios to consider here for United Technologies Corporation (NYSE:UTX) are discussed below:

Dividend yield of United Technologies Corporation (NYSE:UTX) stands at 2.29% whereas Price to Earnings P/E ratio stands at 18.66 while Forward P/E shows the value of 15.75.

The PEG ratio (Price to Earning to Growth) emits the value of 2.56. The Price to Sale P/S and Price to Book P/B shows the value of 1.68 and 3.26 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 11.17 and 31.59 correspondingly.

The Quick Ratio of United Technologies Corporation (NYSE:UTX) stands at 0.9 while the Current Ratio depicts the value of 1.3.

Return on Assets ROA of United Technologies Corporation (NYSE:UTX) is at 4.8% whereas, Return on Equity ROE and Return of Investment ROI of United Technologies Corporation (NYSE:UTX) stand at 15.8% and 11.4% respectively.

The payout ratio of United Technologies Corporation (NYSE:UTX) stands at 47.2%.

Stock Performance Analysis b>

The stock performance of United Technologies Corporation (NYSE:UTX) on the basis of 5 day trade show the dip of -2.64% whereas, the monthly performance of the stock shows decrease of -6.88%.

The quarterly performance of the stock remained in red zone with the value of -8.8% while six month performance of the shares of United Technologies Corporation (NYSE:UTX) remained bullish with the count of 3.22%.

The yearly and YTD performance of United Technologies Corporation (NYSE:UTX) remained mix at 8.48% and -4.01% respectively.