UFP INDUSTRIES INC (UFPI) Technical Analysis
NASDAQ:UFPI • US90278Q1085
Taking everything into account, UFPI scores 2 out of 10 in our technical rating. In the last year, UFPI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 68% of all other stocks performed better in the past year than UFPI.
- In the last month UFPI has a been trading in the 97.40 - 118.00 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- UFPI is part of the Building Products industry. There are 42 other stocks in this industry, UFPI did better than 51% of them.
- UFPI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UFPI is lagging the market.
The technical rating of UFPI is bad and it also does not present a 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
86.89
We found 2 important support areas.
- A support zone ranging from 89.44 to 89.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @87.77 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 102.84 to 105.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @113.64 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 UFPI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UFPI is down. |
| ChartMill Relative Strength | 32.21 | NEUTRAL | UFPI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UFPI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UFPI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UFPI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.34 | NEUTRAL | The RSI value for UFPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.87 | NEGATIVE | The MACD value suggests UFPI has a negative trend. |
| Stochastics (14,3) | 8.13 | OVERSOLD | The low Stochastics value suggests UFPI may be oversold. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for UFPI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.74 | POSITIVE | The high ADX value value for UFPI suggests a strong trend. |
UFPI Technicals: Chart, Performance Metrics, Trend & Indicators
98.49
-1 (-1.01%)
UFP INDUSTRIES INC / UFPI FAQ
Can you provide the ChartMill technical rating for UFP INDUSTRIES INC?
ChartMill assigns a technical rating of 2 / 10 to UFPI.
What is the trend direction for UFPI stock?
The current trend direction for UFP INDUSTRIES INC (UFPI) is Bearish.
What is the RSI signal for UFP INDUSTRIES INC (UFPI) stock?
UFP INDUSTRIES INC (UFPI) has an RSI value of 32.3374. This indicates that the stock is currently neutral.
Can you provide the short term momentum for UFP INDUSTRIES INC?
The short term momentum for UFP INDUSTRIES INC (UFPI) is negative.
Can you provide the support and resistance levels for UFP INDUSTRIES INC?
UFP INDUSTRIES INC (UFPI) has a support level at 89.44 and a resistance level at 102.84. Check the full technical report for our detailed analysis of UFPI support and resistance levels.