We assign a technical rating of 4 out of 10 to UFG. In the past year, UFG 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.
Although the technical rating is only medium, UFG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
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When analyzing the support we notice one important area.
When analyzing the resistance we notice 3 important areas.
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 | DOWN | NEGATIVE | The long term trend for UFG is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UFG is up. |
| ChartMill Relative Strength | 8.42 | NEGATIVE | UFG has a low relative strength, it was outperformed by 91.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UFG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UFG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UFG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.15 | NEUTRAL | The RSI value for UFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests UFG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.9 | NEUTRAL | The Stochastics value for UFG is a neutral value. |
| Average True Range in percent/ATR (20) | 14.37 | HIGH VOLATILITY | The high ATR as a percentage value for UFG suggests high volalility. |
| Average Directional Index/ADX (14) | 30.47 | POSITIVE | The high ADX value value for UFG suggests a strong trend. |
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ChartMill assigns a technical rating of 4 / 10 to UFG.
The current trend direction for UNI-FUELS HOLDINGS LTD (UFG) is Bearish.
UNI-FUELS HOLDINGS LTD (UFG) has an RSI value of 57.146. This indicates that the stock is currently neutral.
The MACD indicator for UNI-FUELS HOLDINGS LTD (UFG) has a value of 0.00203612, indicating a bearish trend.
The short term momentum for UNI-FUELS HOLDINGS LTD (UFG) is positive.