UTZ BRANDS INC (UTZ)

US9180901012 - Common Stock

18.23  +0.13 (+0.72%)

After market: 18.23 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, UTZ scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, UTZ is only an average performer.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
UTZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UTZ is lagging the market slightly.
When comparing the performance of all stocks over the past year, UTZ turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
UTZ is an average performer in the Food Products industry, it outperforms 63% of 93 stocks in the same industry.
In the last month UTZ has a been trading in the 17.00 - 20.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
UTZ Weekly chart
UTZ Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, UTZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 18.10, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UTZ in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

16.82

19.75

We found 2 important support areas.

  • A support zone ranging from 17.99 to 18.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.99 to 17.32. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 18.25 to 18.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 19.18 to 19.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @19.55 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.78
Mansfield0.13
10 Day High19.95
10 Day Low17.93
20 Day High20.04
20 Day Low17
52 Week High20.04
52 Week Low11.17
Performance
1 Week-1.03%
2 Weeks-6.75%
1 Month3.58%
3 Month-4.25%
6 Month38.32%
12 Month9.16%
2 Year30.21%
3 Year-21.08%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)48.72
LBB17.62
UBB19.53
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
18.6317.980.65 (3.49%)25.00%
An entry @18.63. This is a Buy Stop order right above the resistance zone.An exit @17.98. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.65 points, which is 3.49%.For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of UTZ. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
UTZ Daily chart

UTZ BRANDS INC

NYSE:UTZ (5/16/2024, 7:23:28 PM)

After market: 18.23 0 (0%)

18.23

+0.13 (+0.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.72%
1 Week-1.03%
2 Weeks-6.75%
1 Month3.58%
3 Month-4.25%
6 Month38.32%
12 Month9.16%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.69
ATR(20)%3.53%
ATR Inc
Range Today0.45
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.95
10 Day Low17.93
20 Day High20.04
20 Day Low17
52 Week High20.04
52 Week Low11.17
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume669.50K
Volume Incr-11.98%
Vol(5)724.18K
Vol(50)770.30K