USA - New York Stock Exchange - NYSE:UWMC - US91823B1098 - Common Stock
Taking everything into account, UWMC scores 1 out of 10 in our technical rating. UWMC'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.
The technical rating of UWMC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
4.33
When analyzing the support we can see 2 important areas.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for UWMC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UWMC is neutral. |
| ChartMill Relative Strength | 30.86 | NEUTRAL | UWMC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UWMC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of UWMC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UWMC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.99 | NEUTRAL | The RSI value for UWMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests UWMC has a positive trend. |
| Stochastics (14,3) | 67.31 | NEUTRAL | The Stochastics value for UWMC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for UWMC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.86 | POSITIVE | The high ADX value value for UWMC suggests a strong trend. |
5.36
+0.65 (+13.8%)
ChartMill assigns a technical rating of 1 / 10 to UWMC.
The current trend direction for UWM HOLDINGS CORP (UWMC) is Bearish.
UWM HOLDINGS CORP (UWMC) has an RSI value of 62.9894. This indicates that the stock is currently neutral.
The MACD indicator for UWM HOLDINGS CORP (UWMC) has a value of 0.0693229, indicating a bearish trend.