UNIFIRST CORP/MA (UNF) Stock Technical Analysis
NYSE:UNF - New York Stock Exchange, Inc. - US9047081040 - Common Stock - Currency: USD
Taking everything into account, UNF scores 2 out of 10 in our technical rating. UNF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month UNF has a been trading in the 181.13 - 192.10 range, which is quite wide. It is currently trading near the lows of this range.
When compared to the yearly performance of all other stocks, UNF outperforms 66% of them, which is more or less in line with the market.
UNF is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, UNF did better than 60% of them.
UNF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UNF is lagging the market slightly.
Volume is considerably higher in the last couple of days.
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. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
160.23
191.55
When analyzing the support we can see 3 important areas.
- A support zone ranging from 182.38 to 183.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @166.27 from a trend line in the weekly time frame.
- A support zone ranging from 161.85 to 163.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 185.95 to 189.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 66.2 | NEUTRAL | UNF is not amongst the best or worst performers 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) | 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) | 43.43 | NEUTRAL | The RSI value for UNF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests UNF has a negative trend. |
| Stochastics (14,3) | 9.82 | OVERSOLD | The low Stochastics value suggests UNF may be oversold. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for UNF suggests low volalility. |
| Average Directional Index/ADX (14) | 17.88 | NEGATIVE | The low ADX value for UNF suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
183.58
+0.32 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.17%
1 Week-2.11%
2 Weeks-2.81%
1 Month-0.67%
3 Month-6.92%
6 Month2.48%
12 Month19.67%
2 Year18.43%
3 Year6.62%
5 Year2.59%
10 Year64.13%
15 Year317.04%
Volatility
ATR(14)3.07
ATR(20)%1.79%
ATR Inc-7.09%
Range Today2.62
ADR(20)3.17
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.2
Mansfield-0.7
10 Day High192.1
10 Day Low182.67
20 Day High192.1
20 Day Low181.13
52 Week High243.7
52 Week Low152.65
CS1 End183.21
CR1 Start185.95
Volume & EV
DER(3)0.77%
DER(5)1.22%
Volume285.10K
Volume Incr61.52%
Vol(5)150.20K
Vol(50)110.53K