UTZ BRANDS INC (UTZ) Stock Technical Analysis
NYSE:UTZ - US9180901012 - Common Stock
13.34 USD
-0.08 (-0.6%)
13.34 USD
0 (0%)
Overall UTZ gets a technical rating of 2 out of 10. UTZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, UTZ is a bad performer in the overall market: 87% of all stocks are doing better.
UTZ is part of the Food Products industry. There are 89 other stocks in this industry, of which 60% are performing better than UTZ.
UTZ 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.
In the last month UTZ has a been trading in the 12.38 - 13.70 range, which is quite wide. It is currently trading near the high of this range.
UTZ has an average volume of 1060960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, UTZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.25, a Stop Loss order could be placed below this zone.
More info and screens
11.49
16.12
When analyzing the support we can see 6 important areas.
- A support zone ranging from 13.02 to 13.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.66 from a trend line in the daily time frame.
- Support @12.45 from a horizontal line in the daily time frame.
- Support @12.15 from a horizontal line in the daily time frame.
- Support @11.90 from a horizontal line in the weekly time frame.
- A support zone ranging from 11.61 to 11.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 13.34 to 13.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.68 to 13.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.24 to 14.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.96 from a trend 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 UTZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UTZ is neutral. |
| ChartMill Relative Strength | 13.9 | NEGATIVE | UTZ has a low relative strength, it was outperformed by 86.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UTZ is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UTZ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UTZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.97 | NEUTRAL | The RSI value for UTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests UTZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.1 | OVERBOUGHT | The high Stochastics value suggests UTZ may be overbought. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for UTZ suggests some volalility. |
| Average Directional Index/ADX (14) | 23.18 | NEUTRAL | The ADX value for UTZ 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)
13.34
-0.08 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.6%
1 Week0%
2 Weeks3.89%
1 Month-2.98%
3 Month-2.27%
6 Month-4.78%
12 Month-24.55%
2 Year-0.67%
3 Year-11.66%
5 Year-25.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%2.66%
ATR Inc-36.74%
Range Today0.25
ADR(20)0.35
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.9
Mansfield-1.55
10 Day High13.55
10 Day Low12.8
20 Day High13.7
20 Day Low12.38
52 Week High18.89
52 Week Low11.53
CS1 End13.25
CR1 Start13.34
Volume & EV
DER(3)1.71%
DER(5)0.28%
Volume510.90K
Volume Incr-38.38%
Vol(5)664.38K
Vol(50)1.06M