UFP INDUSTRIES INC (UFPI)
US90278Q1085 - Common Stock
We assign a technical rating of 9 out of 10 to UFPI. UFPI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that UFPI is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by UFPI over the past year are nicely spread over this period.
UFPI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UFPI is lagging the market slightly.
In the last month UFPI has a been trading in the 109.58 - 119.80 range, which is quite wide. It is currently trading near the high of this range.
UFPI is part of the Building Products industry. There are 43 other stocks in this industry, UFPI did better than 52% of them.
UFPI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 120.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 116.43, a Stop Loss order could be placed below this zone.
More info and screens
108.03
128.67
When analyzing the support we notice one important area.
- A support zone ranging from 109.12 to 116.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 120.92 to 121.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 126.01 to 127.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.78
Mansfield-0.13
10 Day High119.8
10 Day Low111.01
20 Day High119.8
20 Day Low109.58
52 Week High128.65
52 Week Low77.47
Performance
1 Week1.23%
2 Weeks3.91%
1 Month2.08%
3 Month-0.69%
6 Month14.64%
12 Month44.88%
2 Year52.95%
3 Year48.49%
5 Year266.14%
10 Year629.64%
15 Year1062.97%
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)
Technical Indicators
MACD(12,26,9)0.65
RSI(14)55.63
LBB111.09
UBB120.08
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 121.50 | 111.00 | 10.50 (8.64%) | 11.57% |
| An entry @121.50. This is a Buy Stop order right above the resistance zone. | An exit @111.00. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 10.50 points, which is 8.64%. | For a 1.00% total portfolio risk, you can invest 11.57% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
UFP INDUSTRIES INC
NASDAQ:UFPI (5/10/2024, 7:24:46 PM)
After market: 118.08 0 (0%)118.08
-0.93 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.78%
1 Week1.23%
2 Weeks3.91%
1 Month2.08%
3 Month-0.69%
6 Month14.64%
12 Month44.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.87
ATR(20)%2.41%
ATR Inc
Range Today1.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High119.8
10 Day Low111.01
20 Day High119.8
20 Day Low109.58
52 Week High128.65
52 Week Low77.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume229.60K
Volume Incr10.21%
Vol(5)316.94K
Vol(50)300.56K