NYSE:UMH - New York Stock Exchange, Inc. - US9030021037 - REIT - Currency: USD
Taking everything into account, UMH scores 0 out of 10 in our technical rating. 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.
Although the technical rating is bad, UMH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.23, a Stop Loss order could be placed below this zone.
16.07
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 | 19.25 | NEGATIVE | UMH has a low relative strength, it was outperformed by 80.75% 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) | 39.94 | NEUTRAL | The RSI value for UMH is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests UMH has a negative trend. |
Stochastics (14,3) | 32.46 | NEUTRAL | The Stochastics value for UMH is a neutral value. |
Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for UMH suggests low volalility. |
Average Directional Index/ADX (14) | 22.28 | NEUTRAL | The ADX value for UMH suggests a possible start of a new trend. |
16.27
-0.08 (-0.49%)