Taking everything into account, SHYF scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SHYF has proven to be a steady performer, scoring decent points in every aspect analyzed.
SHYF has an excellent technical rating, but the quality of the setup is only medium 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.
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11.68
When analyzing the support we notice one important area.
- A support zone ranging from 11.80 to 12.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.54 to 12.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.66 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 | UP | POSITIVE | The long term trend for SHYF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHYF is up. |
| ChartMill Relative Strength | 89.1 | POSITIVE | SHYF has a high relative strength, it outperformed 89.1% off all stocks 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) | UP | POSITIVE | The current price of SHYF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.74 | NEUTRAL | The RSI value for SHYF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SHYF has a negative trend. |
| Stochastics (14,3) | 76.33 | NEUTRAL | The Stochastics value for SHYF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for SHYF suggests some volalility. |
| Average Directional Index/ADX (14) | 34.05 | POSITIVE | The high ADX value value for SHYF suggests a strong trend. |
12.54
-0.1 (-0.79%)
SHYFT GROUP INC/THE / SHYF FAQ
Can you provide the ChartMill technical rating for SHYFT GROUP INC/THE?
ChartMill assigns a technical rating of 9 / 10 to SHYF.
What is the current trend direction of SHYFT GROUP INC/THE (SHYF) stock?
The current trend direction for SHYFT GROUP INC/THE (SHYF) is Bullish.
What is the RSI signal for SHYF stock?
SHYFT GROUP INC/THE (SHYF) has an RSI value of 69.7361. This indicates that the stock is currently neutral.
What is the MACD signal for SHYFT GROUP INC/THE (SHYF) stock?
The MACD indicator for SHYFT GROUP INC/THE (SHYF) has a value of -0.0173749, indicating a bearish trend.
Can you provide the buy/sell signal for SHYFT GROUP INC/THE?
The buy/sell signal for SHYFT GROUP INC/THE (SHYF) is buy as both the short term and long term trends are positive.