Domtar Corporation (UFS.CA) Stock Technical Analysis
Canada - TSX:UFS - Common Stock
71.48
+0.72 (+1.02%)
We assign a technical rating of 10 out of 10 to UFS. Both in the recent history as in the last year, UFS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: UFS has an average volume of 2092 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that UFS is one of the better performing stocks in the market, outperforming 85% of all stocks. On top of that, UFS also shows a nice and consistent pattern of rising prices.
UFS is part of the Paper & Forest Products industry. There are 12 other stocks in this industry. UFS outperforms 90% of them.
A new 52 week high is currently being made by UFS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month UFS has a been trading in the 66.93 - 71.48 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although UFS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
65.20
72.20
When analyzing the support we can see 3 important areas.
- A support zone ranging from 68.72 to 70.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 66.96 to 67.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 71.49 to 71.49. 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 | UP | POSITIVE | The long term trend for UFS.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UFS.CA is up. |
| ChartMill Relative Strength | 85.59 | POSITIVE | UFS.CA has a high relative strength, it outperformed 85.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UFS.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UFS.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UFS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.52 | OVERBOUGHT | The high RSI value suggests UFS.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests UFS.CA has a positive trend. |
| Stochastics (14,3) | 97.95 | OVERBOUGHT | The high Stochastics value suggests UFS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.7 | LOW VOLATILITY | The low ATR as a percentage value for UFS.CA suggests low volalility. |
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)
TSX:UFS (12/1/2021, 7:00:00 PM)
71.48
+0.72 (+1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg1.02%
1 Week1.52%
2 Weeks5.6%
1 Month5.47%
3 Month3.62%
6 Month7.75%
12 Month77.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%0.7%
ATR Inc-9.62%
Range Today0.58
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.59
Mansfield1.5
10 Day High71.48
10 Day Low67.6
20 Day High71.48
20 Day Low66.93
52 Week High71.48
52 Week Low37.11
CS1 End70.49
CR1 Start71.49
Volume & EV
DER(3)1.49%
DER(5)0.89%
Volume1.77K
Volume Incr-52.01%
Vol(5)1.16K
Vol(50)2.09K