UNITED NATURAL FOODS INC (UNFI) Stock Technical Analysis
NYSE:UNFI - US9111631035 - Common Stock
28.28 USD
+0.36 (+1.29%)
28 USD
-0.28 (-0.99%)
Taking everything into account, UNFI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, UNFI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, UNFI did better than 89% of all other stocks.
UNFI is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 95% of 41 stocks in the same industry.
In the last month UNFI has a been trading in the 24.88 - 28.30 range, which is quite wide. It is currently trading near the high of this range.
UNFI has an average volume of 1088970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Besides having an excellent technical rating, UNFI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 26.97, a Stop Loss order could be placed below this zone. 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
23.33
31.87
3 important support areas can be observed.
- A support zone ranging from 26.11 to 26.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.05 from a horizontal line in the daily time frame.
- Support @23.57 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @28.29 from a horizontal line in the weekly time frame.
- Resistance @29.19 from a trend line in the daily time frame.
- Resistance @31.55 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 | UP | POSITIVE | The short term trend for UNFI is up. |
| ChartMill Relative Strength | 89.46 | POSITIVE | UNFI has a high relative strength, it outperformed 89.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UNFI is above the rising 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) | 60.26 | NEUTRAL | The RSI value for UNFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests UNFI has a positive trend. |
| Stochastics (14,3) | 91.57 | OVERBOUGHT | The high Stochastics value suggests UNFI may be overbought. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for UNFI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.63 | NEGATIVE | The low ADX value for UNFI suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.30 | 25.96 | 2.34 (8.27%) | 12.09% |
| An entry @28.30. This is a Buy Stop order right above the resistance zone. | An exit @25.96. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.34 points, which is 8.27%. | For a 1.00% total portfolio risk, you can invest 12.09% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
28.28
+0.36 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg1.29%
1 Week3.17%
2 Weeks6.8%
1 Month4.7%
3 Month-7.49%
6 Month-11.04%
12 Month86.91%
2 Year40.49%
3 Year-35.84%
5 Year56.68%
10 Year-41.27%
15 Year-18.6%
Volatility
ATR(14)0.89
ATR(20)%3.5%
ATR Inc-24.46%
Range Today0.64
ADR(20)0.94
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.46
Mansfield0.22
10 Day High28.3
10 Day Low25.97
20 Day High28.3
20 Day Low24.88
52 Week High34.76
52 Week Low13.84
CS1 End26.97
CR1 Start28.29
Volume & EV
DER(3)2.47%
DER(5)2.44%
Volume800.40K
Volume Incr7.15%
Vol(5)877.12K
Vol(50)1.09M