Domtar Corporation (UFS) Stock Technical Analysis
NYSE:UFS - New York Stock Exchange, Inc. - Common Stock
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.
Looking at the yearly performance, UFS did better than 91% of all other stocks.
UFS is part of the Paper & Forest Products industry. There are 9 other stocks in this industry. UFS outperforms 100% of them.
UFS is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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.
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
53.26
56.37
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.
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. |
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)
55.49
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0.02%
1 Week0.13%
2 Weeks2.66%
1 Month1.65%
3 Month0.84%
6 Month1.07%
12 Month75.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.17%
ATR Inc-96.48%
Range Today0.03
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
CRS91.07
Mansfield0.84
10 Day High55.5
10 Day Low53.54
20 Day High55.5
20 Day Low47.71
52 Week High55.5
52 Week Low29.07
CS1 End55.38
CR1 Start55.5
Volume & EV
DER(3)-0.58%
DER(5)-2.19%
Volume3.95M
Volume Incr205.05%
Vol(5)1.26M
Vol(50)458.81K