UNIFIRST CORP/MA (UNF) Technical Analysis
NYSE:UNF • US9047081040
Current stock price
UNF Technical Rating and Analysis
Overall UNF gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UNF is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- UNF is part of the Commercial Services & Supplies industry. There are 82 other stocks in this industry. UNF outperforms 92% of them.
- UNF is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so UNF is leading the market.
- In the last month UNF has a been trading in the 229.90 - 283.77 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, UNF did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- Volume is considerably higher in the last couple of days.
UNF Weekly and Daily overview Charts
UNF Setup Rating and Analysis
Although UNF has an excellent technical rating, it does not present a decent entry opportunity 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
UNF Support and Resistance Analysis
150.98
4 important support areas can be observed.
- A support zone ranging from 245.01 to 245.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 220.53 to 224.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @169.68 from a horizontal line in the daily time frame.
- Support @152.50 from a horizontal line in the weekly time frame.
UNF Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for UNF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UNF is up. |
| ChartMill Relative Strength | 91.33 | POSITIVE | UNF has a high relative strength, it outperformed 91.33% 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) | UP | POSITIVE | The current price of UNF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.1 | OVERBOUGHT | The high RSI value suggests UNF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.71 | POSITIVE | The MACD value suggests UNF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.29 | OVERBOUGHT | The high Stochastics value suggests UNF may be overbought. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for UNF suggests some volalility. |
| Average Directional Index/ADX (14) | 51.25 | POSITIVE | The high ADX value value for UNF suggests a strong trend. |
UNF Chart- and CandleStick Pattern Analysis
UNF Technicals: Chart, Performance Metrics, Trend & Indicators
273.81
+0.5 (+0.18%)
UNIFIRST CORP/MA / UNF TA FAQ
What is the ChartMill technical rating of UNIFIRST CORP/MA (UNF) stock?
ChartMill assigns a technical rating of 9 / 10 to UNF.
What is the current trend direction of UNIFIRST CORP/MA (UNF) stock?
The current trend direction for UNIFIRST CORP/MA (UNF) is Bullish.
Can you provide the RSI signal for UNIFIRST CORP/MA?
UNIFIRST CORP/MA (UNF) has an RSI value of 74.1019. This indicates that the stock is currently overbought.
Can you provide the MACD signal for UNIFIRST CORP/MA?
The MACD indicator for UNIFIRST CORP/MA (UNF) has a value of 2.71174, indicating a bullish trend.
What is the short term momentum for UNF stock?
The short term momentum for UNIFIRST CORP/MA (UNF) is positive.