UFP TECHNOLOGIES INC (UFPT)

US9026731029 - Common Stock

222.59  +9.34 (+4.38%)

After market: 222.59 0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to UFPT. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month UFPT has a been trading in the 204.59 - 255.57 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that UFPT is one of the better performing stocks in the market, outperforming 92% of all stocks.
UFPT is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 92% of 192 stocks in the same industry.
UFPT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so UFPT is performing more or less in line with the market.
Weekly and Daily overview Charts
UFPT Weekly chart
UFPT Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, UFPT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 216.46, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

165.62

255.81

4 important support areas can be observed.

  • A support zone ranging from 213.06 to 216.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 207.91 to 207.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 181.67 to 184.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @167.29 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 252.21 to 253.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.79
Mansfield1.22
10 Day High230.25
10 Day Low204.59
20 Day High255.57
20 Day Low204.59
52 Week High257.29
52 Week Low127.29
Performance
1 Week4.46%
2 Weeks-2.69%
1 Month-11.26%
3 Month26.56%
6 Month55.47%
12 Month56.86%
2 Year224.14%
3 Year344.65%
5 Year511.51%
10 Year777.72%
15 Year4360.72%
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)
Technical Indicators
MACD(12,26,9)-2.58
RSI(14)50.07
LBB203.46
UBB237.55
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
230.26213.0517.21 (7.47%)13.38%
An entry @230.26. This is a Buy Stop order right above the 10 day high.An exit @213.05. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 17.21 points, which is 7.47%.For a 1.00% total portfolio risk, you can invest 13.38% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
UFPT Daily chart

UFP TECHNOLOGIES INC

NASDAQ:UFPT (4/29/2024, 7:00:01 PM)

After market: 222.59 0 (0%)

222.59

+9.34 (+4.38%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg4.38%
1 Week4.46%
2 Weeks-2.69%
1 Month-11.26%
3 Month26.56%
6 Month55.47%
12 Month56.86%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)9.3
ATR(20)%4.08%
ATR Inc
Range Today9.89
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High230.25
10 Day Low204.59
20 Day High255.57
20 Day Low204.59
52 Week High257.29
52 Week Low127.29
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume58.90K
Volume Incr-29.83%
Vol(5)49.36K
Vol(50)67.50K