UNITED NATURAL FOODS INC (UNFI) Technical Analysis
NYSE:UNFI • US9111631035
Current stock price
UNFI Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to UNFI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UNFI is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that UNFI is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, UNFI also shows a nice and consistent pattern of rising prices.
- UNFI is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 94% of 38 stocks in the same industry.
- UNFI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so UNFI is leading the market.
- In the last month UNFI has a been trading in the 34.84 - 47.59 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
UNFI Weekly and Daily overview Charts
UNFI Setup Rating and Analysis
Although UNFI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
UNFI Support and Resistance Analysis
36.26
3 important support areas can be observed.
- A support zone ranging from 39.92 to 40.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.95 to 38.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.63 from a trend line in the weekly time frame.
UNFI 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 UNFI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UNFI is up. |
| ChartMill Relative Strength | 93.43 | POSITIVE | UNFI has a high relative strength, it outperformed 93.43% 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) | 70.51 | OVERBOUGHT | The high RSI value suggests UNFI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests UNFI has a positive trend. |
| Stochastics (14,3) | 86.14 | OVERBOUGHT | The high Stochastics value suggests UNFI may be overbought. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for UNFI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.15 | NEUTRAL | The ADX value for UNFI suggests a possible start of a new trend. |
UNFI Chart- and CandleStick Pattern Analysis
UNFI Technicals: Chart, Performance Metrics, Trend & Indicators
45.93
+0.81 (+1.8%)
UNITED NATURAL FOODS INC / UNFI TA FAQ
What is the technical rating for UNFI stock?
ChartMill assigns a technical rating of 10 / 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 70.5116. This indicates that the stock is currently overbought.
What is the MACD signal for UNFI stock?
The MACD indicator for UNITED NATURAL FOODS INC (UNFI) has a value of 0.591613, 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.