UNITED NATURAL FOODS INC (UNFI) Stock Technical Analysis
USA - NYSE:UNFI - US9111631035 - Common Stock
38.46 USD
+1.2 (+3.22%)
39 USD
+0.54 (+1.4%)
We assign a technical rating of 9 out of 10 to UNFI. In the last year, UNFI was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month UNFI has a been trading in the 36.18 - 43.29 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that UNFI is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by UNFI over the past year are nicely spread over this period.
UNFI is part of the Consumer Staples Distribution & Retail industry. There are 39 other stocks in this industry. UNFI outperforms 94% of them.
UNFI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so UNFI is performing more or less in line with the market.
UNFI has an average volume of 1065210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although UNFI has an excellent technical rating, the quality of the presented setup is not ideal 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
25.37
43.48
We found 4 important support areas.
- A support zone ranging from 37.47 to 37.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.73 from a horizontal line in the daily time frame.
- Support @32.79 from a trend line in the daily time frame.
- Support @25.63 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @43.05 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 | UP | POSITIVE | The long term trend for UNFI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UNFI is neutral. |
| ChartMill Relative Strength | 94.55 | POSITIVE | UNFI has a high relative strength, it outperformed 94.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UNFI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UNFI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UNFI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.48 | NEUTRAL | The RSI value for UNFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests UNFI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.58 | NEUTRAL | The Stochastics value for UNFI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for UNFI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.63 | POSITIVE | The high ADX value value for UNFI suggests a strong 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)
38.46
+1.2 (+3.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg3.22%
1 Week2.15%
2 Weeks-2.73%
1 Month-6.65%
3 Month47.3%
6 Month39.3%
12 Month79.38%
2 Year164.33%
3 Year-19.34%
5 Year122.96%
10 Year-12.41%
15 Year2.72%
Volatility
ATR(14)1.18
ATR(20)%3.18%
ATR Inc31.17%
Range Today1.83
ADR(20)1.21
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.55
3 months CRS94.56
6 months CRS85.62
Mansfield2.2
10 Day High40
10 Day Low36.18
20 Day High43.29
20 Day Low36.18
52 Week High43.29
52 Week Low20.55
CS1 End37.85
CR1 Start43.05
Volume & EV
DER(3)2.07%
DER(5)1.97%
Volume629.10K
Volume Incr-8.58%
Vol(5)765.06K
Vol(50)1.07M
UNITED NATURAL FOODS INC / UNFI FAQ
What is the technical rating for UNFI stock?
ChartMill assigns a technical rating of 9 / 10 to UNFI.
Can you provide the trend direction for UNITED NATURAL FOODS INC?
The current trend direction for UNITED NATURAL FOODS INC (UNFI) is Bullish.
Can you provide the RSI signal for UNITED NATURAL FOODS INC?
UNITED NATURAL FOODS INC (UNFI) has an RSI value of 53.4757. This indicates that the stock is currently neutral.
What is the short term momentum for UNITED NATURAL FOODS INC (UNFI) stock?
The short term momentum for UNITED NATURAL FOODS INC (UNFI) is neutral.