NYSE:UWMC • US91823B1098
We assign a technical rating of 0 out of 10 to UWMC. 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.
UWMC has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
4.33
We found 3 important support areas.
When analyzing the resistance we notice 3 important 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 | DOWN | NEGATIVE | The long term trend for UWMC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UWMC is down. |
| ChartMill Relative Strength | 16.88 | NEGATIVE | UWMC has a low relative strength, it was outperformed by 83.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UWMC is below a declining 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) | 42.32 | NEUTRAL | The RSI value for UWMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests UWMC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.16 | NEUTRAL | The Stochastics value for UWMC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.5 | HIGH VOLATILITY | The high ATR as a percentage value for UWMC suggests high volalility. |
| Average Directional Index/ADX (14) | 24.94 | NEUTRAL | The ADX value for UWMC suggests a possible start of a new trend. |
4.8
-0.01 (-0.21%)
ChartMill assigns a technical rating of 0 / 10 to UWMC.
The current trend direction for UWM HOLDINGS CORP (UWMC) is Bearish.
UWM HOLDINGS CORP (UWMC) has an RSI value of 42.3162. This indicates that the stock is currently neutral.
The MACD indicator for UWM HOLDINGS CORP (UWMC) has a value of -0.0408646, indicating a bearish trend.
The buy/sell signal for UWM HOLDINGS CORP (UWMC) is sell as both the short term and long term trends are negative.