UNIFIRST CORP/MA (UNF) Stock Technical Analysis
USA - NYSE:UNF - US9047081040 - Common Stock
Taking everything into account, UNF scores 0 out of 10 in our technical rating. UNF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, UNF 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 154.34, a Stop Loss order could be placed below this zone.
More info and screens
152.80
We found 1 important support area.
- A support zone ranging from 154.34 to 154.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 165.13 to 173.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for UNF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UNF is down. |
| ChartMill Relative Strength | 16.97 | NEGATIVE | UNF has a low relative strength, it was outperformed by 83.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UNF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UNF is below a declining 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) | 38.93 | NEUTRAL | The RSI value for UNF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests UNF has a negative trend. |
| Stochastics (14,3) | 9.72 | OVERSOLD | The low Stochastics value suggests UNF may be oversold. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for UNF suggests some volalility. |
| Average Directional Index/ADX (14) | 17.67 | NEGATIVE | The low ADX value for UNF suggests a weak or negative trend. |
154.35
-2.07 (-1.32%)
UNIFIRST CORP/MA / UNF FAQ
What is the ChartMill technical rating of UNIFIRST CORP/MA (UNF) stock?
ChartMill assigns a technical rating of 0 / 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 38.9268. 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 -0.773728, indicating a bearish trend.
Can you provide the short term momentum for UNIFIRST CORP/MA?
The short term momentum for UNIFIRST CORP/MA (UNF) is negative.