UNIVERSAL CORP/VA (UVV) Stock Technical Analysis
NYSE:UVV - New York Stock Exchange, Inc. - US9134561094 - Common Stock - Currency: USD
Taking everything into account, UVV scores 0 out of 10 in our technical rating. UVV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
UVV 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 a resistance zone just above the current price starting at 53.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.35, a Stop Loss order could be placed below this zone.
More info and screens
50.33
2 important support areas can be observed.
- A support zone ranging from 52.40 to 53.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.84 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 53.65 to 54.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @61.15 from a horizontal line in the daily time frame.
- Resistance @67.32 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 UVV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UVV is down. |
| ChartMill Relative Strength | 27.72 | NEGATIVE | UVV has a low relative strength, it was outperformed by 72.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UVV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UVV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of UVV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.81 | NEUTRAL | The RSI value for UVV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests UVV has a positive trend. |
| Stochastics (14,3) | 56.81 | NEUTRAL | The Stochastics value for UVV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for UVV suggests some volalility. |
| Average Directional Index/ADX (14) | 24.54 | NEUTRAL | The ADX value for UVV suggests a possible start of a new trend. |
53.45
+0.54 (+1.02%)