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Ultimate Oscillator

Oscillators compare a security's smoothed price with its price n periods ago. The value of oscillators can vary greatly depending on the number of time periods used during calculation.

The Ultimate Oscillator, developed by Larry Williams, uses weighted sums of 3 oscillators, each of which uses a different time period.

The 3 oscillators are based on Williams' definitions of buying and selling pressure.

Williams recommends that you initiate a trade following a divergence and a breakout in the Ultimate Oscillator's trend.

The Ultimate Oscillator indicator in BigCharts references the following default parameters:

Unaccepted Awards
Restricted stock awards that you have not yet accepted or declined.

Unaccepted Grants
Performance shares/units that you have not yet accepted or declined. You must accept a grant before it begins to vest.

Unaccepted Options
The number of stock options, including options that are vested and unvested, that have been granted to you and have not yet been accepted or declined.

Unaccepted Rights
Grants that have not been accepted or declined. A participant must accept an awarded grant before he or she can exercise it.

Unadjusted Cost Basis
Cost basis information that has not been adjusted to reflect the disallowed loss due to a prior wash sale.

Uncollected Shares
The total number of shares that have not settled as of the date and time displayed.

Underlying Move
The percentage by which you believe the underlying equity or index will move during the life of the options. Underlying Move may be a positive or negative number. It will help determine the potential profit realized on the multi-leg option trading strategies you selected.

Underlying Ratings
Bond ratings are provided by Moody's and S&P which indicate each organization's assessment of the relative credit risk of the issuer of a Municipal bond. The higher the rating the better the rating agency feels about the relative credit risk of the issuer and its financial strength. In the case of insured municipal bonds, evaluating the rating of the insurer as well as the issuer provides a more complete assessment of the relative credit risk of that bond. If we do not receive an underlying rating, dashes will be displayed.

Underlying Security
Securities that must be delivered if stock options are executed.

For portfolio or account analysis, this refers to dollar amounts and percentages for securities held in your accounts and mutual funds.

Underlying Security's Full Name
Name of the underlying security for an option contract (e.g., International Business Machines for option symbol -ibmkk).

Underlying Security's Option Symbol
The option symbol used to identify a security so that you can trade or quote it. Option symbols begin with a dash (-) and consist of three parts: the underlying security's symbol, the expiration month, and the strike price.

Underlying Symbol
The trading symbol for the equity or index you would like to use as the basis for your multi-leg option inquiry.

Underlying Volume
For options contracts, the number of shares for the option's underlying stock or index traded during the current day on all exchanges where the security is traded.

Under Water
A stock option for which the option's grant price is higher than the current market price for the underlying stock.

Unexercised Stock Options
This refers to a stock option that has vested, but has not yet been exercised.

Unexercised Stock Options Account
This is a stock compensation plan account containing information about all of your stock option grants. These grants include those that are unvested and that are vested.

This refers to one of the following:

Units Canceled/Forfeited/Declined
Performance shares/units that were awarded and then canceled prior to payment.

Unit Trust Fund (REIT)
Unit trust fund is a term used to describe a particular type of investment structure which typically represents an ownership unit in a pooled investment or limited partnership or master limited partnership interest.

Partnerships are considered pass-through entities for tax purposes and therefore have special tax considerations. If you hold units of a partnership, you are generally treated as a partner for tax purposes and will be issued a Schedule K-1 (Form 1065) rather than a Form 1099 form for use in filling out your tax return. It lists the partner's share of income, deductions, credits, etc. Certain partnerships may have elected to be taxed as a corporation in the U.S. and will furnish a Form 1099 rather than a Schedule K-1. Please see the partnership website, SEC filings, or most recent shareholder report for further details about tax treatment.

A large number of unit trust funds operate in the commodities, natural resources, real estate and financial services industries. Other unit trust funds identified as Unit Trust Fund (REIT) typically represent an ownership unit in a real estate investment trust (REIT).

Stock markets are volatile and can fluctuate significantly in response to company, industry, political, regulatory, market, or economic developments. Investing in stock involves risks, including the loss of principal.

Illiquidity is an inherent risk associated with investing in real estate and REITs. There is no guarantee the issuer of a REIT will maintain the secondary market for its shares and redemptions may be at a price which is more or less than the original price paid. Changes in real estate values or economic downturns can have a significant negative effect on issuers in the real estate industry.

For a portfolio or account analysis, Unknown represents securities for which investment details such as industry sector information or the asset class are not known by or are unavailable from the third party that provides the information. Select Learn More About Analysis at the top of the analysis screens for more information.

Unknown Amount
This is the portion of the premium amount for which cost basis information is not known.

Unpaired Positions
The stock, convertible bond, or convertible preferred positions that are not currently paired with any option position.

Unpriced Position Exists
A position is considered unpriced when the price per share for a security held in the position is not available or has not been set. For example, on the day you buy shares in a mutual fund, the position may be unpriced until the next business day (for example, mutual funds are generally priced after the close of trading each business day—they are unpriced until then). This balance field is only displayed if the account has an unpriced position.

For example, on the day you buy shares in a mutual fund, the position may be unpriced until the next business day (e.g., since mutual funds are generally priced after the close of trading each business day, they are unpriced until then). This field only displays if the account has an unpriced position.

Unrealized Gain/Loss
The hypothetical value of the gain or loss that would be realized if shares were sold at the indicated price.

Note: Fidelity provides cost basis and associated realized gain and loss information to you as a courtesy service. Such information may not reflect all adjustments necessary for tax reporting purposes. You should verify cost basis and corresponding gain/loss information provided by Fidelity against your own records when calculating reportable gain or loss resulting from a sale. Fidelity does not report cost basis information to the IRS and is not responsible for the accuracy of cost basis and gain/loss information you may be required to report to federal, state, and other taxing authorities. Fidelity makes no warranties with respect to, and specifically disclaims any liability arising out of your use of, or any tax position taken in reliance upon, Fidelity-provided cost basis and gain/loss information. Consult your tax advisor for further information.

Unrealized Gain/Loss %
The hypothetical percent gain or loss that would be realized if shares were sold at the indicated price. Calculated as: Unrealized Gain or Loss/Cost Basis.

If displayed in green, this figure represents an unrealized gain; if displayed in red, an unrealized loss.

Unrealized Net Change
Percent comparison between the Current Market Value of the position in the basket divided by the average cost of the positions in the basket.

Unrealized Net Change Dollar
For basket trading this is the Current Market Value minus the Basket Position Cost, and shown as a percentage. Green-colored text indicates a positive number and red-colored text indicates a negative number.

Unrealized Net Change %
Percent comparison between the Current Market Value of an individual position within a basket divided by the Basket Position Cost.

Unrealized Net Change Since Last Saved
Percent comparison between the Current Market Value of the positions in a Watch Basket divided by the Last Saved Market Value of the positions in a Watch Basket.

Unrecaptured Section 1250 Capital Gains
The distributions from a real estate investment trust (REIT) or by a mutual fund that invests in REITs that are treated as a recapture of the depreciation and subject to federal income tax at a rate of 25%.

Unsettled Trades
An unsettled trade is a trade for which payment has not yet been received. In Account Balances, the Unsettled Trades field displays the value of all unsettled trades that will either be credited to (positive value) or debited from (negative value) the Core Money Market at trade settlement (this value does not include today's trade activity).

Unspecified Shares
This is the number of shares in an order for which you have not specified tax lots shares to trade.

Note that any unspecified shares are traded using the First in/First out (FIFO) accounting method.

The quantity and value of restricted stock awards or restricted stock units which you have accepted but which have not yet vested.

Unvested Options
The total number of stock options per grant that are not yet eligible for exercise.

Unvested Rights
The total number of stock appreciation rights per grant that are not yet eligible for exercise.

Unvested Stock Options
This is the number of stock options from your original grant that have not yet vested. As a result, they cannot be exercised at the current time.

Updated Total
An updated quantity of shares that includes any quantity changes that result from intraday trade or exchange activity.

Update Pending
This message indicates that there is an update to cost information pending based on a previously submitted request. \Note that all cost updates are processed during a nightly "systems-batch" cycle and will be displayed the following business day.

Updates Pending
An indicator of whether there is an update of cost basis information in process for a position. The pending update may have been initiated by you, your authorized agent, or if requested by you, a Fidelity representative.

Possible values:

Up/Down Ratio
The upside/downside ratio shows the relationship between the volume of advancing issues and the volume of declining issues.

The upside volume is simply the sum of all volume associated with stocks that closed up in price while downside volume is the sum of all volume associated with stocks that closed down in price.

Martin Zweig, in his book Winning On Wall Street, states, "Every bull market in history, and many good intermediate advances, have been launched with a buying stampede that included one or more 9-to-1 bars" (referring to a day when the upside/downside ratio exceeds 9).

BigCharts calculates the upside/downside ratio for all markets and automatically selects the appropriate market indicator for your focus security.

For example, if you are analyzing a chart on IBM which trades on the NYSE, and you choose the Up/Down Ratio indicator, the system will automatically apply the upside/downside ratio for the NYSE.

Upper Indicators
Choose from several popular technical indicators. The indicators are:

Use of Proceeds
The area or activities to which the funds raised from a municipal bond issue will be directed and, in turn, the source of future bond interest payments and principal repayment. For general obligation bonds, funds raised may be for general purposes, both operating and infrastructure, and payments are secured by the general taxing power of the issuer - usually a state, town, or city. Revenue bonds are categorized under terms such as "Utilities" or "Transportation."