UMH PROPERTIES INC (UMH) Stock Technical Analysis
USA - NYSE:UMH - US9030021037 - REIT
Taking everything into account, UMH scores 2 out of 10 in our technical rating. 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.
Although the technical rating is bad, UMH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 15.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.09, a Stop Loss order could be placed below this zone.
More info and screens
13.97
2 important support areas can be observed.
- A support zone ranging from 14.73 to 15.09. 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 14.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 15.13 to 15.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.66 from a trend line in the weekly time frame.
- Resistance @16.36 from a trend line in the daily time frame.
- Resistance @16.63 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 | 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 | 19.42 | NEGATIVE | UMH has a low relative strength, it was outperformed by 80.58% 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) | DOWN | MIXED | The current price of UMH is above 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) | 58 | NEUTRAL | The RSI value for UMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests UMH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.58 | OVERBOUGHT | The high Stochastics value suggests UMH may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for UMH suggests some volalility. |
| Average Directional Index/ADX (14) | 18.89 | NEGATIVE | The low ADX value for UMH suggests a weak or negative trend. |
15.11
-0.07 (-0.46%)
UMH PROPERTIES INC / UMH FAQ
What is the technical rating for UMH stock?
ChartMill assigns a technical rating of 2 / 10 to UMH.
What is the current trend direction of UMH PROPERTIES INC (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 58.0043. 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 0.0779424, indicating a bearish trend.
What is the support and resistance level for UMH stock?
UMH PROPERTIES INC (UMH) has a support level at 15.09 and a resistance level at 15.13. Check the full technical report for our detailed analysis of UMH support and resistance levels.