UFP TECHNOLOGIES INC (UFPT) Stock Technical Analysis
NASDAQ:UFPT - Nasdaq - US9026731029 - Common Stock - Currency: USD
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: 90% of all stocks are doing better.
UFPT is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 62% are performing better than UFPT.
UFPT 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 UFPT has a been trading in the 196.82 - 259.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
184.95
255.83
3 important support areas can be observed.
- Support @206.87 from a trend line in the daily time frame.
- Support @198.92 from a trend line in the weekly time frame.
- A support zone ranging from 186.82 to 186.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @219.54 from a trend line in the daily time frame.
- A resistance zone ranging from 226.74 to 230.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 234.53 to 237.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 241.64 to 244.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 249.62 to 253.30. 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 | 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 | 10.2 | NEGATIVE | UFPT has a low relative strength, it was outperformed by 89.8% 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) | 44.69 | NEUTRAL | The RSI value for UFPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests UFPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.06 | NEUTRAL | The Stochastics value for UFPT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.45 | HIGH VOLATILITY | The high ATR as a percentage value for UFPT suggests high volalility. |
| Average Directional Index/ADX (14) | 13.72 | NEGATIVE | The low ADX value for UFPT 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)
218.95
-0.59 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.27%
1 Week2.52%
2 Weeks-3.24%
1 Month-3.47%
3 Month-6.6%
6 Month-13.99%
12 Month-34.97%
2 Year24.61%
3 Year135.46%
5 Year431.3%
10 Year917.43%
15 Year2192.67%
Volatility
ATR(14)13.25
ATR(20)%5.45%
ATR Inc-41.63%
Range Today6.63
ADR(20)11.13
ADR(20)%5.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.2
Mansfield-2.2
10 Day High259.9
10 Day Low196.83
20 Day High259.9
20 Day Low196.83
52 Week High366.41
52 Week Low178.26
CS1 End206.87
CR1 Start219.54
Volume & EV
DER(3)0.7%
DER(5)0.21%
Volume104.87K
Volume Incr-6.48%
Vol(5)105.15K
Vol(50)137.53K