UWM HOLDINGS CORP (UWMC) Technical Analysis
NYSE:UWMC • US91823B1098
Current stock price
UWMC Technical Rating and Analysis
Overall UWMC gets a technical rating of 1 out of 10. UWMC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 90% of all other stocks performed better in the past year than UWMC.
- UWMC is one of the lesser performing stocks in the Financial Services industry. 78% of 99 stocks in the same industry do better.
- UWMC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- UWMC has an average volume of 16777900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month UWMC has a been trading in the 3.38 - 4.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UWMC Weekly and Daily overview Charts
UWMC Setup Rating and Analysis
Although the technical rating is bad, UWMC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.93. Right above this resistance zone may be a good entry point.
More info and screens
UWMC Support and Resistance Analysis
3.64
2 important resistance areas can be observed.
- A resistance zone ranging from 3.93 to 4.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.44 to 5.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
UWMC Technical Indicator Signal Analysis
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 UWMC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UWMC is neutral. |
| ChartMill Relative Strength | 10.79 | NEGATIVE | UWMC has a low relative strength, it was outperformed by 89.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UWMC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UWMC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UWMC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.76 | NEUTRAL | The RSI value for UWMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests UWMC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.05 | NEUTRAL | The Stochastics value for UWMC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for UWMC suggests high volalility. |
| Average Directional Index/ADX (14) | 23.69 | NEUTRAL | The ADX value for UWMC suggests a possible start of a new trend. |
UWMC Chart- and CandleStick Pattern Analysis
UWMC Technicals: Chart, Performance Metrics, Trend & Indicators
3.68
-0.06 (-1.6%)
UWM HOLDINGS CORP / UWMC TA FAQ
Can you provide the ChartMill technical rating for UWM HOLDINGS CORP?
ChartMill assigns a technical rating of 1 / 10 to UWMC.
What is the current trend direction of UWM HOLDINGS CORP (UWMC) stock?
The current trend direction for UWM HOLDINGS CORP (UWMC) is Bearish.
Can you provide the RSI signal for UWM HOLDINGS CORP?
UWM HOLDINGS CORP (UWMC) has an RSI value of 44.7564. This indicates that the stock is currently neutral.
What is the MACD signal for UWMC stock?
The MACD indicator for UWM HOLDINGS CORP (UWMC) has a value of 0.0332278, indicating a bearish trend.
What are the support and resistance levels for UWM HOLDINGS CORP (UWMC) stock?
UWM HOLDINGS CORP (UWMC) has a resistance level at 3.93. Check the full technical report for our detailed analysis of UWMC support and resistance levels.