UNIFIRST CORP/MA (UNF) Stock Technical Analysis
NYSE:UNF - New York Stock Exchange, Inc. - US9047081040 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to UNF. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month UNF has a been trading in the 209.42 - 228.93 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, UNF did better than 82% of all other stocks. We also observe that the gains produced by UNF over the past year are nicely spread over this period.
UNF is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 80% of 84 stocks in the same industry.
UNF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UNF is lagging the market.
Considerably lower volume is observed in the last couple of days.
UNF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 210.28, a Stop Loss order could be placed below this zone.
More info and screens
150.09
232.82
We found 3 important support areas.
- A support zone ranging from 210.28 to 210.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 173.25 to 175.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @151.61 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 215.59 to 218.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @230.51 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.98
Mansfield0.71
10 Day High223.58
10 Day Low209.42
20 Day High228.93
20 Day Low209.42
52 Week High243.7
52 Week Low149.58
Performance
1 Week-2.74%
2 Weeks-5.89%
1 Month-5.36%
3 Month5.02%
6 Month12.25%
12 Month25.94%
2 Year7.22%
3 Year16.02%
5 Year13.17%
10 Year76.97%
15 Year300.1%
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)-1.97
RSI(14)45.26
LBB208.8
UBB225.37
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 |
|---|---|---|---|
| 215.60 | 210.27 | 5.33 (2.47%) | 25.00% |
| An entry @215.60. This is a Buy Stop order right above the 10 day moving average. | An exit @210.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.33 points, which is 2.47%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The distance between exit and entry is rather small compared to the average daily movement of UNF. Please evaluate whether better entry and exit points can be found.
- 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.
210.29
-3.43 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-1.6%
1 Week-2.74%
2 Weeks-5.89%
1 Month-5.36%
3 Month5.02%
6 Month12.25%
12 Month25.94%
2 Year7.22%
3 Year16.02%
5 Year13.17%
10 Year76.97%
15 Year300.1%
Volatility
ATR(14)5.61
ATR(20)%2.74%
ATR Inc-11.67%
Range Today6.14
ADR(20)5.71
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.98
Mansfield0.71
10 Day High223.58
10 Day Low209.42
20 Day High228.93
20 Day Low209.42
52 Week High243.7
52 Week Low149.58
CS1 End210.28
CR1 Start215.59
Volume & EV
DER(3)-0.36%
DER(5)-1.4%
Volume69.00K
Volume Incr-15.94%
Vol(5)80.94K
Vol(50)131.13K