UNITED NATURAL FOODS INC (UNFI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:UNFI - US9111631035 - Common Stock
34.11 USD
0 (0%)
34.11 USD
0 (0%)
Taking everything into account, UNFI scores 6 out of 10 in our technical rating. UNFI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month UNFI has a been trading in the 32.30 - 40.70 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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 89% of all stocks. We also observe that the gains produced by UNFI over the past year are nicely spread over this period.
UNFI is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 89% of 39 stocks in the same industry.
UNFI has an average volume of 1092470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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 an average technical rating and it also does not offer a high quality setup 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
26.20
38.02
When analyzing the support we can see 2 important areas.
- Support @33.31 from a horizontal line in the daily time frame.
- Support @26.46 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 36.20 to 36.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 37.59 to 37.64. 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 | NEUTRAL | NEUTRAL | The long term trend for UNFI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UNFI is down. |
| ChartMill Relative Strength | 89.03 | POSITIVE | UNFI has a high relative strength, it outperformed 89.03% 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) | UP | MIXED | The current price of UNFI is below 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) | 40.83 | NEUTRAL | The RSI value for UNFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests UNFI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.94 | NEUTRAL | The Stochastics value for UNFI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for UNFI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.2 | NEUTRAL | The ADX value for UNFI suggests a possible start of a new 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)
34.11
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0%
1 Week-8.58%
2 Weeks-2.1%
1 Month-8.45%
3 Month17.82%
6 Month22.43%
12 Month41.71%
2 Year110.17%
3 Year-11.88%
5 Year113.59%
10 Year-13.34%
15 Year-7.01%
Volatility
ATR(14)1.92
ATR(20)%5.2%
ATR Inc-42.79%
Range Today0.71
ADR(20)1.65
ADR(20)%4.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.03
3 months CRS87.4
6 months CRS80.93
Mansfield0.34
10 Day High38.7
10 Day Low32.3
20 Day High40.7
20 Day Low32.3
52 Week High43.29
52 Week Low20.78
CS1 End33.31
CR1 Start36.2
Volume & EV
DER(3)0.64%
DER(5)-0.83%
Volume941.90K
Volume Incr97.52%
Vol(5)1.69M
Vol(50)1.09M
UNITED NATURAL FOODS INC / UNFI FAQ
What is the technical rating for UNFI stock?
ChartMill assigns a technical rating of 6 / 10 to UNFI.
Can you provide the trend direction for UNITED NATURAL FOODS INC?
The current trend direction for UNITED NATURAL FOODS INC (UNFI) is Bearish.
Can you provide the RSI signal for UNITED NATURAL FOODS INC?
UNITED NATURAL FOODS INC (UNFI) has an RSI value of 40.8347. This indicates that the stock is currently neutral.
What is the short term momentum for UNITED NATURAL FOODS INC (UNFI) stock?
The short term momentum for UNITED NATURAL FOODS INC (UNFI) is negative.