NYSE:UMH - US9030021037 - REIT
We assign a technical rating of 0 out of 10 to UMH. UMH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
UMH has a poor technical rating and the quality of the setup is also only medium 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.
15.09
When analyzing the resistance we notice 4 important areas.
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 | DOWN | NEGATIVE | The long term trend for UMH is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UMH is down. |
ChartMill Relative Strength | 12.2 | NEGATIVE | UMH has a low relative strength, it was outperformed by 87.8% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UMH is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UMH is below a declining 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) | 36.06 | 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, although the MACD value is rising. |
Stochastics (14,3) | 14.22 | OVERSOLD | The low Stochastics value suggests UMH may be oversold. |
Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for UMH suggests some volalility. |
Average Directional Index/ADX (14) | 28.21 | POSITIVE | The high ADX value value for UMH suggests a strong trend. |
15.24
+0.17 (+1.13%)