UFP INDUSTRIES INC (UFPI)
US90278Q1085 - Common Stock
Taking everything into account, UFPI scores 6 out of 10 in our technical rating. In the last year, UFPI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
UFPI is one of the lesser performing stocks in the Building Products industry. 63% of 39 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the performance of all stocks over the past year, UFPI turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
UFPI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UFPI is lagging the market.
In the last month UFPI has a been trading in the 117.61 - 137.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, UFPI 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 135.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 128.05, a Stop Loss order could be placed below this zone.
More info and screens
108.96
139.79
We found 4 important support areas.
- A support zone ranging from 125.35 to 128.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 117.37 to 118.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 112.81 to 113.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @110.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 135.34 to 138.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.65
Mansfield-0.37
10 Day High137.91
10 Day Low122.01
20 Day High137.91
20 Day Low117.61
52 Week High139.54
52 Week Low107.49
Performance
1 Week-6.17%
2 Weeks4.36%
1 Month-2.2%
3 Month3.35%
6 Month7.55%
12 Month16.64%
2 Year57.84%
3 Year55.15%
5 Year160.5%
10 Year711.96%
15 Year978.55%
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)-0.04
RSI(14)47.93
LBB119.4
UBB139.89
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 132.35 | 125.34 | 7.01 (5.30%) | 18.88% |
| An entry @132.35. This is a Buy Stop order right above the 10 day moving average. | An exit @125.34. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.01 points, which is 5.30%. | When investing 18.88% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
UFP INDUSTRIES INC
NASDAQ:UFPI (11/18/2024, 4:30:01 PM)
After market: 129.21 0 (0%)129.21
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0%
1 Week-6.17%
2 Weeks4.36%
1 Month-2.2%
3 Month3.35%
6 Month7.55%
12 Month16.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.97
ATR(20)%3.14%
ATR Inc
Range Today1.84
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 High137.91
10 Day Low122.01
20 Day High137.91
20 Day Low117.61
52 Week High139.54
52 Week Low107.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume150.15K
Volume Incr-20.03%
Vol(5)227.23K
Vol(50)275.57K