UTZ BRANDS INC (UTZ) Stock Technical Analysis
NYSE:UTZ - New York Stock Exchange, Inc. - US9180901012 - Common Stock - Currency: USD
Overall UTZ gets a technical rating of 1 out of 10. UTZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
88% of all other stocks performed better in the past year than UTZ.
UTZ is one of the lesser performing stocks in the Food Products industry. 61% of 91 stocks in the same industry do better.
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.
UTZ has an average volume of 1249000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month UTZ has a been trading in the 12.34 - 14.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UTZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 13.17, a Stop Loss order could be placed below this zone.
More info and screens
11.49
16.54
When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.88 to 13.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.54 from a trend 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.
- Resistance @13.44 from a trend line in the daily time frame.
- Resistance @13.66 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 14.24 to 14.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @16.38 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 | UP | POSITIVE | The short term trend for UTZ is up. |
| ChartMill Relative Strength | 12.29 | NEGATIVE | UTZ has a low relative strength, it was outperformed by 87.71% 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) | DOWN | MIXED | The current price of UTZ is above a declining 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) | 52.93 | NEUTRAL | The RSI value for UTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests UTZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.4 | NEUTRAL | The Stochastics value for UTZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for UTZ suggests some volalility. |
| Average Directional Index/ADX (14) | 15.53 | NEGATIVE | The low ADX value for UTZ 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)
13.18
-0.04 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.3%
1 Week3.37%
2 Weeks-0.83%
1 Month-2.87%
3 Month-6.06%
6 Month-12.25%
12 Month-20.12%
2 Year-21.31%
3 Year-21.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%2.98%
ATR Inc-12.95%
Range Today0.31
ADR(20)0.39
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.29
Mansfield-1.94
10 Day High13.43
10 Day Low12.34
20 Day High14.11
20 Day Low12.34
52 Week High18.89
52 Week Low11.53
CS1 End13.17
CR1 Start13.44
Volume & EV
DER(3)-0.74%
DER(5)0.78%
Volume714.10K
Volume Incr71.69%
Vol(5)1.57M
Vol(50)1.25M