UFP INDUSTRIES INC (UFPI) Stock Technical Analysis
NASDAQ:UFPI - Nasdaq - US90278Q1085 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to UFPI. UFPI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
81% of all other stocks performed better in the past year than UFPI.
UFPI is part of the Building Products industry. There are 41 other stocks in this industry, of which 75% are performing better than UFPI.
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.
In the last month UFPI has a been trading in the 95.93 - 107.92 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, UFPI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 96.91, a Stop Loss order could be placed below this zone.
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 96.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 101.01 to 101.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 103.91 to 109.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 19.27 | NEGATIVE | UFPI has a low relative strength, it was outperformed by 80.73% off all stocks 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) | 46.64 | NEUTRAL | The RSI value for UFPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests UFPI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.75 | NEUTRAL | The Stochastics value for UFPI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for UFPI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.34 | 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)
99.79
-2.84 (-2.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-2.77%
1 Week-6.11%
2 Weeks0.56%
1 Month-4.89%
3 Month3.57%
6 Month-8.07%
12 Month-20.18%
2 Year-4.37%
3 Year25.7%
5 Year68.14%
10 Year398.45%
15 Year1054.98%
Volatility
ATR(14)2.72
ATR(20)%2.79%
ATR Inc57.13%
Range Today4.44
ADR(20)2.59
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.27
Mansfield-1.86
10 Day High106.64
10 Day Low96.38
20 Day High107.92
20 Day Low95.93
52 Week High141.33
52 Week Low93
CS1 End96.91
CR1 Start101.01
Volume & EV
DER(3)1.06%
DER(5)0.24%
Volume427.70K
Volume Incr-14.16%
Vol(5)297.30K
Vol(50)428.78K