UTZ BRANDS INC (UTZ) Stock Technical Analysis
NYSE:UTZ - New York Stock Exchange, Inc. - US9180901012 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to UTZ. In the past year, UTZ 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.
When comparing the yearly performance of all stocks, UTZ is a bad performer in the overall market: 80% of all stocks are doing better.
UTZ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UTZ is lagging the market.
In the last month UTZ has a been trading in the 11.53 - 13.55 range, which is quite wide. It is currently trading near the high of this range.
UTZ has an average volume of 1346760 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.
UTZ is part of the Food Products industry. There are 89 other stocks in this industry, UTZ did better than 45% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of UTZ is bad and it also does not present a 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
11.49
16.74
When analyzing the support we can see 4 important areas.
- A support zone ranging from 13.15 to 13.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.39 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 3 important areas.
- Resistance @13.48 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 @16.57 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 | 20.14 | NEGATIVE | UTZ has a low relative strength, it was outperformed by 79.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UTZ is above the rising 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) | 59.78 | NEUTRAL | The RSI value for UTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests UTZ has a positive trend. |
| Stochastics (14,3) | 89.33 | OVERBOUGHT | The high Stochastics value suggests UTZ may be overbought. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for UTZ suggests some volalility. |
| Average Directional Index/ADX (14) | 17.4 | 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)
13.47
+0.24 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.81%
1 Week9.87%
2 Weeks3.86%
1 Month13.1%
3 Month-3.85%
6 Month-20.39%
12 Month-26.91%
2 Year-17.66%
3 Year-2.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%2.87%
ATR Inc21.71%
Range Today0.37
ADR(20)0.38
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.14
Mansfield-1.55
10 Day High13.55
10 Day Low11.95
20 Day High13.55
20 Day Low11.53
52 Week High18.89
52 Week Low11.53
CS1 End13.25
CR1 Start13.48
Volume & EV
DER(3)-0.87%
DER(5)0.11%
Volume1.09M
Volume Incr-23.9%
Vol(5)1.16M
Vol(50)1.35M