UFP INDUSTRIES INC (UFPI) Technical Analysis
NASDAQ:UFPI • US90278Q1085
Current stock price
UFPI Technical Rating and Analysis
Overall UFPI gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 79% of all other stocks performed better in the past year than UFPI.
- UFPI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UFPI is lagging the market.
- UFPI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- UFPI is part of the Building Products industry. There are 42 other stocks in this industry, UFPI did better than 48% of them.
UFPI Weekly and Daily overview Charts
UFPI Setup Rating and Analysis
Although the technical rating is bad, UFPI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 92.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 90.33, a Stop Loss order could be placed below this zone.
More info and screens
UFPI Support and Resistance Analysis
85.91
2 important support areas can be observed.
- A support zone ranging from 89.44 to 90.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 86.78 to 86.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @92.12 from a horizontal line in the daily time frame.
- Resistance @112.37 from a trend line in the weekly time frame.
UFPI Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for UFPI is down. |
| ChartMill Relative Strength | 21.41 | NEGATIVE | UFPI has a low relative strength, it was outperformed by 78.59% 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) | 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) | 39.56 | NEUTRAL | The RSI value for UFPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests UFPI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.62 | NEUTRAL | The Stochastics value for UFPI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for UFPI suggests some volalility. |
| Average Directional Index/ADX (14) | 39.43 | POSITIVE | The high ADX value value for UFPI suggests a strong trend. |
UFPI Chart- and CandleStick Pattern Analysis
UFPI Technicals: Chart, Performance Metrics, Trend & Indicators
90.37
-0.77 (-0.84%)
UFP INDUSTRIES INC / UFPI TA FAQ
Can you provide the ChartMill technical rating for UFP INDUSTRIES INC?
ChartMill assigns a technical rating of 0 / 10 to UFPI.
What is the trend direction for UFPI stock?
The current trend direction for UFP INDUSTRIES INC (UFPI) is Bearish.
Can you provide the RSI signal for UFP INDUSTRIES INC?
UFP INDUSTRIES INC (UFPI) has an RSI value of 39.5636. This indicates that the stock is currently neutral.
What is the MACD signal for UFPI stock?
The MACD indicator for UFP INDUSTRIES INC (UFPI) has a value of 0.670786, indicating a bearish trend.
Can you provide the buy/sell signal for UFP INDUSTRIES INC?
The buy/sell signal for UFP INDUSTRIES INC (UFPI) is sell as both the short term and long term trends are negative.