UNITED NATURAL FOODS INC (UNFI)

US9111631035 - Common Stock

19.7  -0.88 (-4.28%)

After market: 19.7 0 (0%)

Technical Rating and Analysis

9

Taking everything into account, UNFI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, UNFI has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
UNFI is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 87% of 41 stocks in the same industry.
UNFI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so UNFI is performing more or less in line with the market.
Looking at the yearly performance, UNFI did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month UNFI has a been trading in the 18.84 - 22.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
UNFI Weekly chart
UNFI Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, UNFI also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

14.92

22.27

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 19.69 to 19.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @15.07 from a trend line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 20.41 to 20.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @21.53 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 21.96 to 22.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.56
Mansfield2.46
10 Day High21.23
10 Day Low19.62
20 Day High22.53
20 Day Low18.84
52 Week High23.15
52 Week Low8.58
Performance
1 Week-5.61%
2 Weeks-3.62%
1 Month1.97%
3 Month57.85%
6 Month95.44%
12 Month28.34%
2 Year-58.68%
3 Year-60.38%
5 Year116.01%
10 Year-73.8%
15 Year-21.86%
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)-0.27
RSI(14)49.94
LBB19.47
UBB21.85
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
20.4219.680.74 (3.64%)25.00%
An entry @20.42. This is a Buy Stop order right above the 10 day moving average.An exit @19.68. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.74 points, which is 3.64%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%.

  • The distance between exit and entry is rather small compared to the average daily movement of UNFI. 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.
UNFI Daily chart

UNITED NATURAL FOODS INC

NYSE:UNFI (11/4/2024, 8:04:00 PM)

After market: 19.7 0 (0%)

19.7

-0.88 (-4.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-4.28%
1 Week-5.61%
2 Weeks-3.62%
1 Month1.97%
3 Month57.85%
6 Month95.44%
12 Month28.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.79
ATR(20)%4.1%
ATR Inc
Range Today0.9
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 High21.23
10 Day Low19.62
20 Day High22.53
20 Day Low18.84
52 Week High23.15
52 Week Low8.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume519.30K
Volume Incr-61.74%
Vol(5)407.34K
Vol(50)772.41K