UFP TECHNOLOGIES INC (UFPT) Technical Analysis
NASDAQ:UFPT • US9026731029
Current stock price
UFPT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to UFPT. UFPT 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, UFPT is a bad performer in the overall market: 72% of all stocks are doing better.
- UFPT 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 UFPT is lagging the market.
- UFPT 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.
- UFPT is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry, UFPT did better than 68% of them.
UFPT Weekly and Daily overview Charts
UFPT Setup Rating and Analysis
Although the technical rating is bad, UFPT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 186.83, a Stop Loss order could be placed below this zone.
More info and screens
UFPT Support and Resistance Analysis
183.42
We found 1 important support area.
- A support zone ranging from 185.27 to 186.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 203.03 to 206.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @215.01 from a horizontal line in the daily time frame.
- Resistance @243.98 from a horizontal line in the daily time frame.
- Resistance @259.75 from a trend line in the weekly time frame.
- Resistance @266.65 from a horizontal line in the daily time frame.
- Resistance @274.66 from a horizontal line in the weekly time frame.
UFPT 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 UFPT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UFPT is down. |
| ChartMill Relative Strength | 28.74 | NEGATIVE | UFPT has a low relative strength, it was outperformed by 71.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UFPT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UFPT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UFPT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.87 | NEUTRAL | The RSI value for UFPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests UFPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.56 | OVERSOLD | The low Stochastics value suggests UFPT may be oversold. |
| Average True Range in percent/ATR (20) | 6.42 | HIGH VOLATILITY | The high ATR as a percentage value for UFPT suggests high volalility. |
| Average Directional Index/ADX (14) | 31.81 | POSITIVE | The high ADX value value for UFPT suggests a strong trend. |
UFPT Chart- and CandleStick Pattern Analysis
UFPT Technicals: Chart, Performance Metrics, Trend & Indicators
203.02
-0.85 (-0.42%)
UFP TECHNOLOGIES INC / UFPT TA FAQ
What is the ChartMill technical rating of UFP TECHNOLOGIES INC (UFPT) stock?
ChartMill assigns a technical rating of 0 / 10 to UFPT.
Can you provide the trend direction for UFP TECHNOLOGIES INC?
The current trend direction for UFP TECHNOLOGIES INC (UFPT) is Bearish.
What is the RSI signal for UFP TECHNOLOGIES INC (UFPT) stock?
UFP TECHNOLOGIES INC (UFPT) has an RSI value of 33.872. This indicates that the stock is currently neutral.
What is the MACD signal for UFP TECHNOLOGIES INC (UFPT) stock?
The MACD indicator for UFP TECHNOLOGIES INC (UFPT) has a value of -0.562454, indicating a bearish trend.
What is the support and resistance level for UFPT stock?
UFP TECHNOLOGIES INC (UFPT) has a support level at 186.83 and a resistance level at 203.03. Check the full technical report for our detailed analysis of UFPT support and resistance levels.