SHYFT GROUP INC/THE (SHYF)

US8256981031 - Common Stock

12.58  +0.15 (+1.21%)

After market: 12.58 0 (0%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to SHYF. In the past year, SHYF was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

85% of all other stocks performed better in the past year than SHYF.
SHYF is one of the lesser performing stocks in the Machinery industry. 76% of 132 stocks in the same industry do better.
SHYF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SHYF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
SHYF Weekly chart
SHYF Daily chart
Setup Rating and Analysis

8

SHYF has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SHYF in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

9.94

26.75

3 important support areas can be observed.

  • A support zone ranging from 12.48 to 12.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.61 to 10.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @10.04 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 12.59 to 12.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @12.95 from a horizontal line in the daily time frame.
  • Resistance @26.49 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.66
Mansfield-2.4
10 Day High12.96
10 Day Low11.89
20 Day High12.96
20 Day Low10.49
52 Week High27.36
52 Week Low9.81
Performance
1 Week0.64%
2 Weeks0.48%
1 Month18.01%
3 Month9.39%
6 Month9.3%
12 Month-46.51%
2 Year-43.31%
3 Year-67.73%
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)0.06
RSI(14)60.33
LBB11.04
UBB13.43
SHYF Daily chart

SHYFT GROUP INC/THE

NASDAQ:SHYF (5/17/2024, 7:26:16 PM)

After market: 12.58 0 (0%)

12.58

+0.15 (+1.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.21%
1 Week0.64%
2 Weeks0.48%
1 Month18.01%
3 Month9.39%
6 Month9.3%
12 Month-46.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.5
ATR(20)%4.08%
ATR Inc
Range Today0.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.96
10 Day Low11.89
20 Day High12.96
20 Day Low10.49
52 Week High27.36
52 Week Low9.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume219.60K
Volume Incr-35%
Vol(5)210.40K
Vol(50)282.52K