USA - NYSE:UWMC - US91823B1098 - Common Stock
Taking everything into account, UWMC scores 2 out of 10 in our technical rating. 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.
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 downside lately. For a nice entry it is better to wait for a consolidation.
3.93
We found 1 important support area.
We found 1 important resistance area.
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 | 67.78 | NEUTRAL | UWMC is not amongst the best or worst performers 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) | 33.6 | NEUTRAL | The RSI value for UWMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests UWMC has a negative trend. |
| Stochastics (14,3) | 48.52 | NEUTRAL | The Stochastics value for UWMC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.59 | MEDIUM VOLATILITY | The ATR as a percentage value for UWMC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.5 | NEGATIVE | The low ADX value for UWMC suggests a weak or negative trend. |
5.09
-0.57 (-10.07%)
ChartMill assigns a technical rating of 4 / 10 to UWMC.
The current trend direction for UWM HOLDINGS CORP (UWMC) is Bearish.
UWM HOLDINGS CORP (UWMC) has an RSI value of 33.6034. This indicates that the stock is currently neutral.
The MACD indicator for UWM HOLDINGS CORP (UWMC) has a value of -0.0181376, indicating a bearish trend.
The short term momentum for UWM HOLDINGS CORP (UWMC) is neutral.