UNIFIRST CORP/MA (UNF) Technical Analysis
NYSE:UNF • US9047081040
Current stock price
UNF Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to UNF. 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 term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- UNF is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 88% of 80 stocks in the same industry.
- UNF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UNF is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that UNF is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month UNF has a been trading in a tight range between 251.25 and 264.88.
- Considerably lower volume is observed in the last couple of days.
UNF Weekly and Daily overview Charts
UNF Setup Rating and Analysis
Besides having an excellent technical rating, UNF also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 249.31, a Stop Loss order could be placed below this zone.
More info and screens
UNF Support and Resistance Analysis
150.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 246.39 to 249.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @152.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 258.76 to 260.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for UNF is neutral. |
| ChartMill Relative Strength | 84.95 | POSITIVE | UNF has a high relative strength, it outperformed 84.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UNF is below 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) | 46.97 | NEUTRAL | The RSI value for UNF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests UNF has a negative trend. |
| Stochastics (14,3) | 25.11 | NEUTRAL | The Stochastics value for UNF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for UNF suggests low volalility. |
| Average Directional Index/ADX (14) | 13.23 | NEGATIVE | The low ADX value for UNF suggests a weak or negative trend. |
UNF Chart- and CandleStick Pattern Analysis
UNF Technicals: Chart, Performance Metrics, Trend & Indicators
255.79
-1.9 (-0.74%)
UNIFIRST CORP/MA / UNF TA FAQ
What is the ChartMill technical rating of UNIFIRST CORP/MA (UNF) stock?
ChartMill assigns a technical rating of 8 / 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.
What is the RSI signal for UNF stock?
UNIFIRST CORP/MA (UNF) has an RSI value of 46.9687. 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 -0.926459, indicating a bearish trend.
What are the support and resistance levels for UNIFIRST CORP/MA (UNF) stock?
UNIFIRST CORP/MA (UNF) has a support level at 249.31 and a resistance level at 258.76. Check the full technical report for our detailed analysis of UNF support and resistance levels.