UWM HOLDINGS CORP (UWMC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:UWMC - US91823B1098 - Common Stock
Taking everything into account, UWMC scores 0 out of 10 in our technical rating. 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 technical rating of UWMC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.99
We found 1 important support area.
- Support @4.03 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @5.47 from a trend line in the daily time frame.
- Resistance @5.86 from a horizontal line in the daily time frame.
- Resistance @6.07 from a trend 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 UWMC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UWMC is down. |
| ChartMill Relative Strength | 14.29 | NEGATIVE | UWMC has a low relative strength, it was outperformed by 85.71% 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) | 25.3 | OVERSOLD | The low RSI value suggests UWMC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests UWMC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.07 | OVERSOLD | The low Stochastics value suggests UWMC may be oversold. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for UWMC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.64 | POSITIVE | The high ADX value value for UWMC suggests a strong trend. |
4.38
-0.04 (-0.9%)
UWM HOLDINGS CORP / UWMC FAQ
Can you provide the ChartMill technical rating for UWM HOLDINGS CORP?
ChartMill assigns a technical rating of 0 / 10 to UWMC.
Can you provide the trend direction for UWM HOLDINGS CORP?
The current trend direction for UWM HOLDINGS CORP (UWMC) is Bearish.
What is the RSI signal for UWM HOLDINGS CORP (UWMC) stock?
UWM HOLDINGS CORP (UWMC) has an RSI value of 25.2964. This indicates that the stock is currently oversold.
What is the MACD signal for UWMC stock?
The MACD indicator for UWM HOLDINGS CORP (UWMC) has a value of -0.0800396, indicating a bearish trend.
Can you provide the short term momentum for UWM HOLDINGS CORP?
The short term momentum for UWM HOLDINGS CORP (UWMC) is negative.