UNITED NATURAL FOODS INC (UNFI) Stock Technical Analysis
NYSE:UNFI - New York Stock Exchange, Inc. - US9111631035 - Common Stock - Currency: USD
Overall UNFI gets a technical rating of 3 out of 10. Although UNFI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
UNFI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that UNFI is one of the better performing stocks in the market, outperforming 85% of all stocks. However, we also see that UNFI couldn't keep up this performance in the last couple of months.
UNFI is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 67% of 41 stocks in the same industry.
UNFI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UNFI is lagging the market.
UNFI has a poor technical rating and the quality of the setup is also only medium 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
20.53
31.44
2 important support areas can be observed.
- A support zone ranging from 21.30 to 21.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.74 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @22.47 from a horizontal line in the daily time frame.
- Resistance @29.81 from a trend line in the weekly time frame.
- A resistance zone ranging from 30.98 to 31.13. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for UNFI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UNFI is down. |
| ChartMill Relative Strength | 85.84 | POSITIVE | UNFI has a high relative strength, it outperformed 85.84% 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) | DOWN | NEGATIVE | The current price of UNFI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of UNFI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.3 | NEUTRAL | The RSI value for UNFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests UNFI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.75 | OVERSOLD | The low Stochastics value suggests UNFI may be oversold. |
| Average True Range in percent/ATR (20) | 6.31 | HIGH VOLATILITY | The high ATR as a percentage value for UNFI suggests high volalility. |
| Average Directional Index/ADX (14) | 33.72 | 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)
21.67
-0.8 (-3.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-3.56%
1 Week-2.26%
2 Weeks-16.46%
1 Month-26.14%
3 Month-18.84%
6 Month-19.47%
12 Month65.42%
2 Year10.84%
3 Year-45%
5 Year19%
10 Year-65.97%
15 Year-27.48%
Volatility
ATR(14)1.38
ATR(20)%6.31%
ATR Inc-30.96%
Range Today0.89
ADR(20)1.31
ADR(20)%6.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.84
Mansfield-1.07
10 Day High26.75
10 Day Low20.78
20 Day High31.83
20 Day Low20.78
52 Week High34.76
52 Week Low11.88
CS1 End21.36
CR1 Start22.47
Volume & EV
DER(3)-0.39%
DER(5)-1.02%
Volume1.38M
Volume Incr39.91%
Vol(5)1.63M
Vol(50)930.35K