UNITED NATURAL FOODS INC (UNFI) Technical Analysis
NYSE:UNFI • US9111631035
Current stock price
UNFI Technical Rating and Analysis
Overall UNFI gets a technical rating of 10 out of 10. 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 92% 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 38 other stocks in this industry. UNFI outperforms 89% of them.
- UNFI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month UNFI has a been trading in the 43.08 - 51.74 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. 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
UNFI Support and Resistance Analysis
38.12
5 important support areas can be observed.
- Support @49.33 from a trend line in the daily time frame.
- A support zone ranging from 47.60 to 48.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.33 to 43.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.42 to 40.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.50 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 | 92.3 | POSITIVE | UNFI has a high relative strength, it outperformed 92.3% 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) | 72.19 | OVERBOUGHT | The high RSI value suggests UNFI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests UNFI has a positive trend. |
| Stochastics (14,3) | 88.54 | OVERBOUGHT | The high Stochastics value suggests UNFI may be overbought. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for UNFI suggests some volalility. |
| Average Directional Index/ADX (14) | 34.53 | POSITIVE | The high ADX value value for UNFI suggests a strong trend. |
UNFI Chart- and CandleStick Pattern Analysis
UNFI Technicals: Chart, Performance Metrics, Trend & Indicators
51.24
+1.22 (+2.44%)
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.
What is the RSI signal for UNFI stock?
UNITED NATURAL FOODS INC (UNFI) has an RSI value of 72.1939. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for UNITED NATURAL FOODS INC?
The buy/sell signal for UNITED NATURAL FOODS INC (UNFI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for UNITED NATURAL FOODS INC?
UNITED NATURAL FOODS INC (UNFI) has a support level at 49.33. Check the full technical report for our detailed analysis of UNFI support and resistance levels.