UFP INDUSTRIES INC (UFPI) Stock Technical Analysis
NASDAQ:UFPI - Nasdaq - US90278Q1085 - Common Stock - Currency: USD
Overall UFPI gets a technical rating of 0 out of 10. UFPI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, UFPI is a bad performer in the overall market: 79% of all stocks are doing better.
UFPI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
UFPI is an average performer in the Building Products industry, it outperforms 41% of 42 stocks in the same industry.
In the last month UFPI has a been trading in the 94.68 - 104.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UFPI has a poor technical rating and the quality of the setup is also not perfect 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
112.87
When analyzing the support we notice one important area.
- A support zone ranging from 94.29 to 98.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 101.81 to 103.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @106.74 from a horizontal line in the weekly time frame.
- Resistance @109.13 from a horizontal line in the daily time frame.
- Resistance @111.75 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 | DOWN | NEGATIVE | The long term trend for UFPI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UFPI is neutral. |
| ChartMill Relative Strength | 21.19 | NEGATIVE | UFPI has a low relative strength, it was outperformed by 78.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UFPI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UFPI is below 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) | 52.1 | NEUTRAL | The RSI value for UFPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests UFPI has a positive trend. |
| Stochastics (14,3) | 50.66 | NEUTRAL | The Stochastics value for UFPI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for UFPI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.87 | 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)
100.25
+2.63 (+2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg2.69%
1 Week2.66%
2 Weeks0.59%
1 Month-3.03%
3 Month-5.91%
6 Month-20.98%
12 Month-12.42%
2 Year3.3%
3 Year47.12%
5 Year102.48%
10 Year478.03%
15 Year892.25%
Volatility
ATR(14)2.23
ATR(20)%2.2%
ATR Inc16.46%
Range Today3.14
ADR(20)2.01
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.19
Mansfield-1.81
10 Day High100.7
10 Day Low94.68
20 Day High104.23
20 Day Low94.68
52 Week High141.33
52 Week Low94.68
CS1 End98.94
CR1 Start101.81
Volume & EV
DER(3)3.34%
DER(5)2.35%
Volume461.00K
Volume Incr-23.35%
Vol(5)376.70K
Vol(50)495.13K