UFP TECHNOLOGIES INC (UFPT) Stock Technical Analysis
NASDAQ:UFPT - Nasdaq - US9026731029 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to UFPT. UFPT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
77% of all other stocks performed better in the past year than UFPT.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
UFPT is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, UFPT did better than 53% of them.
UFPT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UFPT is lagging the market.
In the last month UFPT has a been trading in the 226.09 - 257.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
UFPT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 241.21, a Stop Loss order could be placed below this zone.
More info and screens
194.54
255.84
When analyzing the support we can see 3 important areas.
- A support zone ranging from 234.47 to 241.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 226.82 to 228.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @196.50 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @246.30 from a trend line in the daily time frame.
- A resistance zone ranging from 253.30 to 253.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 UFPT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UFPT is neutral. |
| ChartMill Relative Strength | 23.31 | NEGATIVE | UFPT has a low relative strength, it was outperformed by 76.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UFPT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UFPT is above 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) | 52.78 | NEUTRAL | The RSI value for UFPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests UFPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.79 | NEUTRAL | The Stochastics value for UFPT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for UFPT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.48 | NEUTRAL | The ADX value for UFPT suggests a possible start of a new 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)
241.92
+5.83 (+2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.47%
1 Week6.13%
2 Weeks-0.25%
1 Month-2.11%
3 Month16.98%
6 Month-9.93%
12 Month-24.94%
2 Year24.28%
3 Year200.45%
5 Year460.78%
10 Year1116.29%
15 Year2506.9%
Volatility
ATR(14)9.63
ATR(20)%3.92%
ATR Inc-23.13%
Range Today7.58
ADR(20)9.1
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.31
Mansfield-1.66
10 Day High250.73
10 Day Low226.1
20 Day High257.43
20 Day Low226.1
52 Week High366.41
52 Week Low178.26
CS1 End241.21
CR1 Start246.3
Volume & EV
DER(3)0.13%
DER(5)1%
Volume46.90K
Volume Incr-28.67%
Vol(5)74.06K
Vol(50)177.76K