UNITED HOMES GROUP INC (UHG) Stock Technical Analysis
USA - NASDAQ:UHG - US91060H1086 - Common Stock
4.23 USD
-0.18 (-4.08%)
4.31 USD
+0.08 (+1.89%)
Taking everything into account, UHG scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UHG is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month UHG has a been trading in the 3.85 - 4.57 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, UHG outperforms 48% of them, which is more or less in line with the market.
UHG is part of the Household Durables industry. There are 63 other stocks in this industry, UHG did better than 56% of them.
UHG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UHG is lagging the market.
Considerably lower volume is observed in the last couple of days.
UHG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 4.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UHG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.70
5.27
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.13 to 4.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.84 to 3.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.74 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @4.34 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.47 to 4.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.60 from a horizontal line in the daily time frame.
- Resistance @5.22 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for UHG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UHG is up. |
| ChartMill Relative Strength | 48.46 | NEUTRAL | UHG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UHG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UHG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UHG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.61 | NEUTRAL | The RSI value for UHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests UHG has a negative trend. |
| Stochastics (14,3) | 50.53 | NEUTRAL | The Stochastics value for UHG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for UHG suggests high volalility. |
| Average Directional Index/ADX (14) | 17.95 | NEGATIVE | The low ADX value for UHG suggests a weak or negative trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.35 | 4.12 | 0.23 (5.29%) | 18.91% |
| An entry @4.35. This is a Buy Stop order right above the resistance zone. | An exit @4.12. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.23 points, which is 5.29%. | When investing 18.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of UHG. Please evaluate whether better entry and exit points can be found.
- 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.
4.23
-0.18 (-4.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-4.08%
1 Week0%
2 Weeks-0.47%
1 Month4.19%
3 Month30.96%
6 Month25.89%
12 Month-21.52%
2 Year-24.46%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%6.11%
ATR Inc17.83%
Range Today0.24
ADR(20)0.25
ADR(20)%6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.46
Mansfield-0.54
10 Day High4.52
10 Day Low4.05
20 Day High4.57
20 Day Low3.85
52 Week High6.93
52 Week Low1.6
CS1 End4.21
CR1 Start4.34
Volume & EV
DER(3)11.52%
DER(5)1.88%
Volume53.00K
Volume Incr-69.78%
Vol(5)30.85K
Vol(50)158.66K