UMH PROPERTIES INC (UMH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:UMH - US9030021037 - REIT
We assign a technical rating of 5 out of 10 to UMH. UMH has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, UMH is a bad performer in the overall market: 68% of all stocks are doing better.
- In the last month UMH has a been trading in the 15.70 - 16.65 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- UMH is one of the better performing stocks in the Residential REITs industry, it outperforms 73% of 20 stocks in the same industry.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- UMH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UMH is lagging the market.
Although the technical rating is only medium, UMH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 15.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UMH 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
13.97
2 important support areas can be observed.
- A support zone ranging from 15.65 to 15.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.11 to 14.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 16.04 to 16.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 16.57 to 16.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.02 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for UMH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UMH is neutral. |
| ChartMill Relative Strength | 32.72 | NEUTRAL | UMH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UMH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UMH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UMH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.74 | NEUTRAL | The RSI value for UMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests UMH has a negative trend. |
| Stochastics (14,3) | 35.68 | NEUTRAL | The Stochastics value for UMH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for UMH suggests low volalility. |
| Average Directional Index/ADX (14) | 13.72 | NEGATIVE | The low ADX value for UMH suggests a weak or negative trend. |
15.92
-0.18 (-1.12%)
UMH PROPERTIES INC / UMH FAQ
What is the technical rating for UMH stock?
ChartMill assigns a technical rating of 5 / 10 to UMH.
What is the trend direction for UMH stock?
The current trend direction for UMH PROPERTIES INC (UMH) is Bearish.
Can you provide the RSI signal for UMH PROPERTIES INC?
UMH PROPERTIES INC (UMH) has an RSI value of 48.7406. This indicates that the stock is currently neutral.
Can you provide the MACD signal for UMH PROPERTIES INC?
The MACD indicator for UMH PROPERTIES INC (UMH) has a value of -0.0400568, indicating a bearish trend.