UNITED NATURAL FOODS INC (UNFI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:UNFI • US9111631035
Overall UNFI gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UNFI is only an average performer.
- The long and short term trends are both positive. This is looking good!
- UNFI 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 UNFI is lagging the market slightly.
- In the last month UNFI has a been trading in the 33.36 - 41.01 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, UNFI outperforms 66% of them, which is more or less in line with the market.
- UNFI is part of the Consumer Staples Distribution & Retail industry. There are 38 other stocks in this industry, UNFI did better than 62% of them.
UNFI has an excellent technical rating and 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.
More info and screens
28.23
We found 3 important support areas.
- A support zone ranging from 40.01 to 40.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 34.23 to 34.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.52 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @40.60 from a trend line in the daily time frame.
- 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 | UP | POSITIVE | The short term trend for UNFI is up. |
| ChartMill Relative Strength | 66.45 | NEUTRAL | UNFI is not amongst the best or worst performers 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) | 63.59 | NEUTRAL | The RSI value for UNFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests UNFI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.22 | NEUTRAL | The Stochastics value for UNFI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for UNFI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.52 | POSITIVE | The high ADX value value for UNFI suggests a strong trend. |
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 |
|---|---|---|---|
| 40.61 | 40.00 | 0.61 (1.50%) | 25.00% |
| An entry @40.61. This is a Buy Stop order right above the resistance zone. | An exit @40.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.61 points, which is 1.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.38%. |
- The distance between exit and entry is rather small compared to the average daily movement of UNFI. Please evaluate whether better entry and exit points can be found.
- 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.
40.09
+1.31 (+3.38%)
UNITED NATURAL FOODS INC / UNFI FAQ
What is the technical rating for UNFI stock?
ChartMill assigns a technical rating of 8 / 10 to UNFI.
What is the current trend direction of UNITED NATURAL FOODS INC (UNFI) stock?
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 63.5891. This indicates that the stock is currently neutral.
What is the MACD signal for UNFI stock?
The MACD indicator for UNITED NATURAL FOODS INC (UNFI) has a value of 0.229605, indicating a bearish trend.
What is the buy/sell signal for UNITED NATURAL FOODS INC (UNFI) stock?
The buy/sell signal for UNITED NATURAL FOODS INC (UNFI) is buy as both the short term and long term trends are positive.