Sign in to continue:

Tuesday, February 3rd, 2026
Market UpdatesUS stocks

Unity Software Inc. (U US) A long position could be considered with an entry point at 22.50

Posted on September 26, 2024 at 9:34 am (GMT+8)

778
Views
Share on Facebook
Share on Twitter

Unity Software Inc. (U US)

  • Current Price Movement: Shares of Unity Software have closed at their highest point since May 2024. The stock is now trading above the 200-day Exponential Moving Average (EMA), suggesting a potential shift from a bearish to a more bullish trend.
  • Indicators:
    • MACD (Moving Average Convergence Divergence): Positive, indicating increasing bullish momentum.
    • RSI (Relative Strength Index): At overbought levels, which could suggest some caution for potential pullbacks or consolidation before continuing its upward trajectory.
  • Trading Strategy: A long position could be considered with an entry point at 22.50, targeting a price of 25.50 with a stop loss at 21.0 to manage risk.

Related Posts

Market UpdatesSingapore SGX stocks

Stoneweg European REIT Secures S&P’s “BBB-” Rating with Stable Outlook: A Testament to Resilience and Strategic Focus
minichart
January 12, 2025

S&P Global Ratings has assigned Stoneweg European REIT (SERT) an investment-grade “BBB-” long-term issuer credit rating with a “stable outlook,” citing the REIT’s robust portfolio quality, strong cash flow visibility, and proactive management strategies....

Market UpdatesSingapore SGX stocks

Singtel 2025-2026 Outlook: Strong Profit Growth, Dividend Hike, and Upgraded Guidance – Is STEL.SI a Buy?
minichart
November 14, 2025

Broker: OCBC Investment Research Date of Report: 14 November 2025 Excerpt from OCBC Investment Research report. Report Summary Singtel posted a strong 1HFY26 net profit, nearly tripling to SGD3.4 billion due to exceptional one-off...

Hong Kong stocksMarket Updates

AIA Group: Building Resilience and Growth in Asia’s Insurance Landscape
minichart
October 3, 2024

Date of Report October 3, 2024 Broker Name CGS International Company Overview AIA Group is a leading life insurance and financial services company in Asia, providing a comprehensive range of insurance products and services...