Taking everything into account, UFPT scores 3 out of 10 in our technical rating. 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.
UFPT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 216.76, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
184.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 209.84 to 216.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @194.53 from a trend line in the weekly time frame.
- A support zone ranging from 186.82 to 186.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 219.65 to 223.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @231.59 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 244.70 to 245.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @252.36 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 | 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 | 34.44 | NEUTRAL | UFPT is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of UFPT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UFPT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.87 | NEUTRAL | The RSI value for UFPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.31 | NEGATIVE | The MACD value suggests UFPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.8 | NEUTRAL | The Stochastics value for UFPT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for UFPT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.24 | NEGATIVE | The low ADX value for UFPT suggests a weak or negative trend. |
219.44
+4.57 (+2.13%)
UFP TECHNOLOGIES INC / UFPT FAQ
What is the ChartMill technical rating of UFP TECHNOLOGIES INC (UFPT) stock?
ChartMill assigns a technical rating of 3 / 10 to UFPT.
What is the current trend direction of UFP TECHNOLOGIES INC (UFPT) stock?
The current trend direction for UFP TECHNOLOGIES INC (UFPT) is Bearish.
Can you provide the RSI signal for UFP TECHNOLOGIES INC?
UFP TECHNOLOGIES INC (UFPT) has an RSI value of 51.8692. This indicates that the stock is currently neutral.
Can you provide the MACD signal for UFP TECHNOLOGIES INC?
The MACD indicator for UFP TECHNOLOGIES INC (UFPT) has a value of -1.3085, indicating a bearish trend.
Can you provide the support and resistance levels for UFP TECHNOLOGIES INC?
UFP TECHNOLOGIES INC (UFPT) has a support level at 216.76 and a resistance level at 219.65. Check the full technical report for our detailed analysis of UFPT support and resistance levels.