UNIFIRST CORP/MA (UNF) Stock Technical Analysis
NYSE:UNF - New York Stock Exchange, Inc. - US9047081040 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to UNF. In the past year, UNF was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month UNF has a been trading in the 174.62 - 191.05 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, UNF outperforms 64% 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 56% 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.
Considerably lower volume is observed in the last couple of days.
UNF has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 188.94. Right above this resistance zone may be a good entry point. 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
150.09
190.85
3 important support areas can be observed.
- A support zone ranging from 184.21 to 186.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 161.85 to 165.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @151.61 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 188.94 to 188.96. This zone is formed by a combination of multiple trend lines 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 | 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 | 64.24 | NEUTRAL | UNF is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of UNF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of UNF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.96 | NEUTRAL | The RSI value for UNF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests UNF has a positive trend. |
| Stochastics (14,3) | 68.25 | NEUTRAL | The Stochastics value for UNF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for UNF suggests some volalility. |
| Average Directional Index/ADX (14) | 23.62 | NEUTRAL | The ADX value for UNF suggests a possible start of a new 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)
188.93
-0.02 (-0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.01%
1 Week0.58%
2 Weeks1.55%
1 Month5.02%
3 Month-12.09%
6 Month-5.94%
12 Month19.12%
2 Year10.41%
3 Year15.6%
5 Year5.08%
10 Year65.28%
15 Year319.84%
Volatility
ATR(14)4.32
ATR(20)%2.19%
ATR Inc19.04%
Range Today3.84
ADR(20)3.84
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.24
Mansfield-0.27
10 Day High190.06
10 Day Low180.64
20 Day High191.05
20 Day Low174.62
52 Week High243.7
52 Week Low149.58
CS1 End186.48
CR1 Start188.94
Volume & EV
DER(3)-0.45%
DER(5)0.77%
Volume182.60K
Volume Incr-10.74%
Vol(5)82.28K
Vol(50)141.03K