SHYFT GROUP INC/THE (SHYF) Stock Technical Analysis
NASDAQ:SHYF - Nasdaq - US8256981031 - Common Stock - Currency: USD
Taking everything into account, SHYF scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SHYF was also a bad performer in the overall market in the last year.
68% of all other stocks performed better in the past year than SHYF.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month SHYF has a been trading in the 8.66 - 10.73 range, which is quite wide. It is currently trading near the high of this range.
SHYF is part of the Machinery industry. There are 128 other stocks in this industry, SHYF did better than 49% of them.
SHYF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SHYF is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SHYF has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.27
13.94
We found 2 important support areas.
- A support zone ranging from 9.98 to 9.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.36 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.50 to 10.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.80 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SHYF is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHYF is up. |
| ChartMill Relative Strength | 32.81 | NEUTRAL | SHYF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHYF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHYF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHYF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.46 | NEUTRAL | The RSI value for SHYF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SHYF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.69 | OVERBOUGHT | The high Stochastics value suggests SHYF may be overbought. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for SHYF suggests some volalility. |
| Average Directional Index/ADX (14) | 21.82 | NEUTRAL | The ADX value for SHYF suggests a possible start of a new trend. |
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)
10.49
+0.14 (+1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.35%
1 Week8.59%
2 Weeks8.7%
1 Month20.02%
3 Month4.69%
6 Month-25.6%
12 Month-17.21%
2 Year-55.38%
3 Year-52.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%4.47%
ATR Inc-19.53%
Range Today0.5
ADR(20)0.43
ADR(20)%4.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.81
Mansfield-1.23
10 Day High10.73
10 Day Low9.02
20 Day High10.73
20 Day Low8.66
52 Week High17.56
52 Week Low6.82
CS1 End9.98
CR1 Start10.5
Volume & EV
DER(3)1.67%
DER(5)1.46%
Volume250.30K
Volume Incr51.34%
Vol(5)370.44K
Vol(50)302.59K