UTAH MEDICAL PRODUCTS INC (UTMD) Stock Technical Analysis
NASDAQ:UTMD - Nasdaq - US9174881089 - Common Stock - Currency: USD
Overall UTMD gets a technical rating of 2 out of 10. In the past year, UTMD was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, UTMD is a bad performer in the overall market: 80% of all stocks are doing better.
UTMD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: UTMD has an average volume of 16332 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
UTMD is an average performer in the Health Care Equipment & Supplies industry, it outperforms 55% of 187 stocks in the same industry.
In the last month UTMD has a been trading in the 52.99 - 59.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, UTMD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
51.22
70.42
2 important support areas can be observed.
- Support @54.72 from a trend line in the daily time frame.
- A support zone ranging from 51.74 to 52.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 55.59 to 58.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @64.21 from a trend line in the weekly time frame.
- Resistance @69.72 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for UTMD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UTMD is neutral. |
| ChartMill Relative Strength | 20.34 | NEGATIVE | UTMD has a low relative strength, it was outperformed by 79.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UTMD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UTMD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UTMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.25 | NEUTRAL | The RSI value for UTMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests UTMD has a negative trend. |
| Stochastics (14,3) | 10.71 | OVERSOLD | The low Stochastics value suggests UTMD may be oversold. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for UTMD suggests some volalility. |
| Average Directional Index/ADX (14) | 15.63 | NEGATIVE | The low ADX value for UTMD 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)
55.55
+0.03 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.05%
1 Week-2.01%
2 Weeks-2.87%
1 Month3.56%
3 Month6.07%
6 Month-11.71%
12 Month-20.05%
2 Year-43.51%
3 Year-39.18%
5 Year-31.84%
10 Year1.61%
15 Year124.44%
Volatility
ATR(14)1.3
ATR(20)%2.46%
ATR Inc-25.15%
Range Today1.39
ADR(20)1.36
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.34
Mansfield-1.56
10 Day High58.49
10 Day Low55.21
20 Day High59.12
20 Day Low52.99
52 Week High71.96
52 Week Low51.26
CS1 End54.72
CR1 Start55.59
Volume & EV
DER(3)1.16%
DER(5)2.21%
Volume14.50K
Volume Incr-31.09%
Vol(5)15.88K
Vol(50)16.33K