SHYFT GROUP INC/THE (SHYF) Stock Technical Analysis
NASDAQ:SHYF - US8256981031 - Common Stock
12.54 USD
-0.1 (-0.79%)
12.54 USD
0 (0%)
Taking everything into account, SHYF scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHYF is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
SHYF is part of the Machinery industry. There are 128 other stocks in this industry. SHYF outperforms 85% of them.
In the last month SHYF has a been trading in the 10.36 - 13.00 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that SHYF is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
SHYF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SHYF is lagging the market.
Although SHYF has an excellent technical rating, the quality of the presented setup is not ideal 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
11.68
13.80
We found 1 important support 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.
When analyzing the resistance we notice 2 important areas.
- 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. |
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)
12.54
-0.1 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.79%
1 Week5.03%
2 Weeks5.64%
1 Month19.54%
3 Month55.58%
6 Month6.54%
12 Month20.35%
2 Year-43.15%
3 Year-32.54%
5 Year-25.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%3.52%
ATR Inc-18.62%
Range Today0.28
ADR(20)0.42
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.1
Mansfield0.11
10 Day High13
10 Day Low11.48
20 Day High13
20 Day Low10.36
52 Week High17.56
52 Week Low6.82
CS1 End12.02
CR1 Start12.54
Volume & EV
DER(3)-2.5%
DER(5)-0.69%
Volume159.80K
Volume Incr-35.16%
Vol(5)167.26K
Vol(50)256.96K