UFP TECHNOLOGIES INC. - Daily - Technical analysis published on 09/16/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Neutral between 39.49 USD and 41.99 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on UFP TECHNOLOGIES INC.. It is difficult to advise a trading direction under these conditions. The first resistance is located at 41.99 USD. The first support is located at 39.49 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
UFP TECHNOLOGIES INC. rating 40.80 USD. On the day, this instrument gained +0.37% and was between 40.22 USD and 40.80 USD. This implies that the price is at +1.44% from its lowest and at 0% from its highest.40.22
40.80
40.80
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by UFP TECHNOLOGIES INC.:
Technical
Technical analysis of this Daily chart of UFP TECHNOLOGIES INC. indicates that the overall trend is slightly bullish. Only 50% of the signals given by moving averages are bullish. This slightly bullish trend could return to neutral given the neutral signals also given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of triangle
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 36.09 | 37.40 | 39.49 | 40.80 | 41.99 | 44.08 |
| Change (%) | -11.54% | -8.33% | -3.21% | - | +2.92% | +8.04% |
| Change | -4.71 | -3.40 | -1.31 | - | +1.19 | +3.28 |
| Level | Intermediate | Intermediate | Major | - | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38.57 | 39.26 | 39.95 | 40.64 | 41.33 | 42.02 | 42.71 |
| Camarilla | 40.27 | 40.40 | 40.52 | 40.65 | 40.78 | 40.90 | 41.03 |
| Woodie | 38.58 | 39.26 | 39.96 | 40.64 | 41.34 | 42.02 | 42.72 |
| Fibonacci | 39.26 | 39.78 | 40.11 | 40.64 | 41.16 | 41.49 | 42.02 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.05 | 38.12 | 39.39 | 40.46 | 41.73 | 42.80 | 44.07 |
| Camarilla | 40.01 | 40.22 | 40.44 | 40.65 | 40.86 | 41.08 | 41.29 |
| Woodie | 37.14 | 38.17 | 39.48 | 40.51 | 41.82 | 42.85 | 44.16 |
| Fibonacci | 38.12 | 39.02 | 39.57 | 40.46 | 41.36 | 41.91 | 42.80 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.09 | 35.09 | 38.43 | 42.43 | 45.77 | 49.77 | 53.11 |
| Camarilla | 39.76 | 40.43 | 41.11 | 41.78 | 42.45 | 43.13 | 43.80 |
| Woodie | 30.77 | 34.93 | 38.11 | 42.27 | 45.45 | 49.61 | 52.79 |
| Fibonacci | 35.09 | 37.89 | 39.62 | 42.43 | 45.23 | 46.96 | 49.77 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 45.79 | |
| MACD (12,26,9): | -0.3000 | |
| Directional Movement: | -5.48 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 40.40 | |
| Parabolic SAR (0,02-0,02-0,2): | 41.82 | |
| Elder Ray (13): | -0.21 | |
| Super Trend (3,10): | 44.47 | |
| Zig ZAG (10): | 40.22 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 54.42 | |
| TEMA (21): | 40.14 | |
| Williams %R (14): | -62.25 | |
| Chande Momentum Oscillator (20): | -0.18 | |
| Repulse (5,40,3): | -1.2100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1200 | |
| Courbe Coppock: | 2.28 |
| MA7: | 40.32 | |
| MA20: | 40.73 | |
| MA50: | 41.41 | |
| MA100: | 40.01 | |
| MAexp7: | 40.55 | |
| MAexp20: | 40.78 | |
| MAexp50: | 40.86 | |
| MAexp100: | 39.85 | |
| Price / MA7: | +1.19% | |
| Price / MA20: | +0.17% | |
| Price / MA50: | -1.47% | |
| Price / MA100: | +1.97% | |
| Price / MAexp7: | +0.62% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | -0.15% | |
| Price / MAexp100: | +2.38% |
News
The latest news and videos published on UFP TECHNOLOGIES INC. at the time of the analysis were as follows:
- UFP Technologies to Present at the Midwest IDEAS Investor Conference in Chicago
- UFP Technologies Announces Record Q2 Results
- UFP Technologies to Present at the East Coast IDEAS Investor Conference in Boston
- UFP Technologies Announces Q1 2019 Results
- UFP Technologies Announces 2018 Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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