Domtar Corporation (UFS) Technical Analysis
NYSE:UFS
Current stock price
UFS Technical Rating and Analysis
Taking everything into account, UFS scores 9 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that UFS is one of the better performing stocks in the market, outperforming 91% of all stocks.
- UFS is part of the Paper & Forest Products industry. There are 9 other stocks in this industry. UFS outperforms 100% of them.
- A new 52 week high is currently being made by UFS, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so UFS is leading the market.
- In the last month UFS has a been trading in the 47.71 - 55.50 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Volume is considerably higher in the last couple of days.
UFS Weekly and Daily overview Charts
UFS Setup Rating and Analysis
Although UFS has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
UFS Support and Resistance Analysis
53.26
When analyzing the support we notice one important area.
- A support zone ranging from 53.80 to 55.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 55.50 to 55.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
UFS Technical Indicator Signal Analysis
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UFS is up. |
| ChartMill Relative Strength | 91.07 | POSITIVE | UFS has a high relative strength, it outperformed 91.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UFS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UFS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UFS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.9 | NEUTRAL | The RSI value for UFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests UFS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.53 | OVERBOUGHT | The high Stochastics value suggests UFS may be overbought. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for UFS suggests low volalility. |
UFS Chart- and CandleStick Pattern Analysis
UFS Technicals: Chart, Performance Metrics, Trend & Indicators
55.49
+0.01 (+0.02%)
Domtar Corporation / UFS TA FAQ
What is the ChartMill technical rating of Domtar Corporation (UFS) stock?
ChartMill assigns a technical rating of 8 / 10 to UFS.
What is the trend direction for UFS stock?
The current trend direction for Domtar Corporation (UFS) is Bullish.
Can you provide the RSI signal for Domtar Corporation?
Domtar Corporation (UFS) has an RSI value of 67.9004. This indicates that the stock is currently neutral.
What is the MACD signal for Domtar Corporation (UFS) stock?
The MACD indicator for Domtar Corporation (UFS) has a value of 0.178803, indicating a bearish trend.
What are the support and resistance levels for Domtar Corporation (UFS) stock?
Domtar Corporation (UFS) has a support level at 55.38 and a resistance level at 55.5. Check the full technical report for our detailed analysis of UFS support and resistance levels.