UNIFIRST CORP/MA (UNF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:UNF - US9047081040 - Common Stock
Taking everything into account, UNF scores 5 out of 10 in our technical rating. UNF 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.
UNF has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
148.51
We found 2 important support areas.
- A support zone ranging from 169.41 to 171.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 150.01 to 152.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @178.09 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 UNF is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UNF is up. |
| ChartMill Relative Strength | 26.53 | NEGATIVE | UNF has a low relative strength, it was outperformed by 73.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UNF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UNF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UNF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.32 | NEUTRAL | The RSI value for UNF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.96 | POSITIVE | The MACD value suggests UNF has a positive trend. |
| Stochastics (14,3) | 85.87 | OVERBOUGHT | The high Stochastics value suggests UNF may be overbought. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for UNF suggests some volalility. |
| Average Directional Index/ADX (14) | 17.69 | NEGATIVE | The low ADX value for UNF suggests a weak or negative trend. |
172.55
+0.7 (+0.41%)
UNIFIRST CORP/MA / UNF FAQ
What is the ChartMill technical rating of UNIFIRST CORP/MA (UNF) stock?
ChartMill assigns a technical rating of 5 / 10 to UNF.
Can you provide the trend direction for UNIFIRST CORP/MA?
The current trend direction for UNIFIRST CORP/MA (UNF) is Bearish.
Can you provide the RSI signal for UNIFIRST CORP/MA?
UNIFIRST CORP/MA (UNF) has an RSI value of 67.3247. This indicates that the stock is currently neutral.
What is the MACD signal for UNIFIRST CORP/MA (UNF) stock?
The MACD indicator for UNIFIRST CORP/MA (UNF) has a value of 1.95553, indicating a bullish trend.
Can you provide the short term momentum for UNIFIRST CORP/MA?
The short term momentum for UNIFIRST CORP/MA (UNF) is positive.