UWM HOLDINGS CORP (UWMC)

US91823B1098 - Common Stock

6.39  +0.09 (+1.43%)

After market: 6.39 0 (0%)

Technical Rating and Analysis

3

Overall UWMC gets a technical rating of 3 out of 10. UWMC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

UWMC is one of the lesser performing stocks in the Financial Services industry. 62% of 102 stocks in the same industry do better.
In the last month UWMC has a been trading in the 5.98 - 6.78 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
UWMC has an average volume of 2035140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, UWMC turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
UWMC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UWMC is lagging the market slightly.
Weekly and Daily overview Charts
UWMC Weekly chart
UWMC Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, UWMC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UWMC 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

4.87

6.65

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 6.24 to 6.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 5.99 to 6.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @4.92 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 6.56 to 6.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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
CRS41.7
Mansfield-0.16
10 Day High6.6
10 Day Low6.1
20 Day High6.78
20 Day Low5.98
52 Week High7.75
52 Week Low4.49
Performance
1 Week-2.59%
2 Weeks4.75%
1 Month4.75%
3 Month-9.62%
6 Month17.9%
12 Month9.61%
2 Year57.78%
3 Year-28.12%
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)0.03
RSI(14)48.69
LBB6
UBB6.56
UWMC Daily chart

UWM HOLDINGS CORP

NYSE:UWMC (5/1/2024, 6:00:00 PM)

After market: 6.39 0 (0%)

6.39

+0.09 (+1.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.43%
1 Week-2.59%
2 Weeks4.75%
1 Month4.75%
3 Month-9.62%
6 Month17.9%
12 Month9.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%3.99%
ATR Inc
Range Today0.25
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 High6.6
10 Day Low6.1
20 Day High6.78
20 Day Low5.98
52 Week High7.75
52 Week Low4.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.61M
Volume Incr-50.53%
Vol(5)1.38M
Vol(50)2.04M