USA - New York Stock Exchange - NYSE:UMH - US9030021037 - REIT
We assign a technical rating of 3 out of 10 to UMH. In the past year, UMH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
UMH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.26, a Stop Loss order could be placed below this zone.
13.97
We found 2 important support areas.
When analyzing the resistance we notice 2 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 | UP | POSITIVE | The short term trend for UMH is up. |
| ChartMill Relative Strength | 23.75 | NEGATIVE | UMH has a low relative strength, it was outperformed by 76.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UMH is above 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) | 59.01 | NEUTRAL | The RSI value for UMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests UMH has a positive trend. |
| Stochastics (14,3) | 66.93 | NEUTRAL | The Stochastics value for UMH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for UMH suggests low volalility. |
| Average Directional Index/ADX (14) | 17.24 | NEGATIVE | The low ADX value for UMH suggests a weak or negative trend. |
15.32
+0.03 (+0.2%)
ChartMill assigns a technical rating of 3 / 10 to UMH.
The current trend direction for UMH PROPERTIES INC (UMH) is Bearish.
UMH PROPERTIES INC (UMH) has an RSI value of 59.0095. This indicates that the stock is currently neutral.
The MACD indicator for UMH PROPERTIES INC (UMH) has a value of 0.0147274, indicating a bearish trend.
UMH PROPERTIES INC (UMH) has a support level at 15.26 and a resistance level at 15.33. Check the full technical report for our detailed analysis of UMH support and resistance levels.