SHYFT GROUP INC/THE (SHYF) Stock Technical Analysis
NASDAQ:SHYF - Nasdaq - US8256981031 - Common Stock - Currency: USD
Overall SHYF gets a technical rating of 1 out of 10. SHYF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SHYF is a bad performer in the overall market: 84% of all stocks are doing better.
SHYF is part of the Machinery industry. There are 128 other stocks in this industry, of which 72% are performing better than SHYF.
SHYF is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month SHYF has a been trading in the 6.82 - 9.33 range, which is quite wide. It is currently trading near the high of this range.
Although the technical rating is bad, SHYF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.75. Right above this resistance zone may be a good entry point.
More info and screens
8.37
14.83
We found 1 important support area.
- Support @8.45 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 8.75 to 8.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.22 to 9.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.65 to 10.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.91 from a trend line in the weekly time frame.
- Resistance @14.68 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.54
Mansfield-2.48
10 Day High9.33
10 Day Low6.82
20 Day High9.33
20 Day Low6.82
52 Week High17.56
52 Week Low6.82
Performance
1 Week-5.1%
2 Weeks18.91%
1 Month5.94%
3 Month-27.23%
6 Month-33.33%
12 Month-30.19%
2 Year-62.82%
3 Year-60.61%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.19
RSI(14)54.06
LBB6.66
UBB9.3
8.74
+0.28 (+3.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg3.31%
1 Week-5.1%
2 Weeks18.91%
1 Month5.94%
3 Month-27.23%
6 Month-33.33%
12 Month-30.19%
2 Year-62.82%
3 Year-60.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%9.37%
ATR Inc-36.12%
Range Today0.49
ADR(20)0.73
ADR(20)%8.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.54
Mansfield-2.48
10 Day High9.33
10 Day Low6.82
20 Day High9.33
20 Day Low6.82
52 Week High17.56
52 Week Low6.82
CS1 End8.45
CR1 Start8.75
Volume & EV
DER(3)-0.32%
DER(5)0.63%
Volume196.00K
Volume Incr-18.32%
Vol(5)289.08K
Vol(50)313.04K