UFP INDUSTRIES INC (UFPI) Stock Technical Analysis
NASDAQ:UFPI - Nasdaq - US90278Q1085 - Common Stock - Currency: USD
Overall UFPI gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. UFPI was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, UFPI is a bad performer in the overall market: 76% of all stocks are doing better.
UFPI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month UFPI has a been trading in the 93.00 - 107.40 range, which is quite wide. It is currently trading near the high of this range.
UFPI is an average performer in the Building Products industry, it outperforms 44% of 41 stocks in the same industry.
Volume is considerably higher in the last couple of days.
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
93.35
110.22
3 important support areas can be observed.
- Support @103.91 from a horizontal line in the daily time frame.
- A support zone ranging from 99.14 to 101.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 94.29 to 95.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 105.77 to 106.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @109.13 from a horizontal line in the daily 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 | UP | POSITIVE | The short term trend for UFPI is up. |
| ChartMill Relative Strength | 24.23 | NEGATIVE | UFPI has a low relative strength, it was outperformed by 75.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UFPI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UFPI is above a declining 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) | 64.09 | NEUTRAL | The RSI value for UFPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.12 | POSITIVE | The MACD value suggests UFPI has a positive trend. |
| Stochastics (14,3) | 90.77 | OVERBOUGHT | The high Stochastics value suggests UFPI may be overbought. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for UFPI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.13 | NEGATIVE | The low ADX value for UFPI suggests a weak or negative 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)
105.76
-0.72 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.68%
1 Week5.89%
2 Weeks11.2%
1 Month8.96%
3 Month-0.64%
6 Month-5.1%
12 Month-1.76%
2 Year2.92%
3 Year14.69%
5 Year81.66%
10 Year399.65%
15 Year924.48%
Volatility
ATR(14)3.08
ATR(20)%2.71%
ATR Inc-14.35%
Range Today1.87
ADR(20)2.81
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.23
Mansfield-1.57
10 Day High107.4
10 Day Low93
20 Day High107.4
20 Day Low93
52 Week High141.33
52 Week Low93
CS1 End103.91
CR1 Start105.77
Volume & EV
DER(3)1.1%
DER(5)-0.35%
Volume239.80K
Volume Incr74.42%
Vol(5)778.08K
Vol(50)515.37K