Technical Analysis for UFPI - Universal Forest Products, Inc.

Grade Last Price % Change Price Change
D 110.32 -1.50% -1.68
UFPI closed down 1.5 percent on Monday, July 1, 2024, on 1.42 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Cup with Handle Other 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Oversold Stochastic Weakness 0.00%
200 DMA Resistance Bearish -1.50%
Slingshot Bearish Bearish Swing Setup -1.50%
Stochastic Buy Signal Bullish -1.50%
Pocket Pivot Bullish Swing Setup -1.50%
Cup with Handle Other -1.50%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 10 hours ago
Down 1% about 10 hours ago
10 DMA Resistance about 10 hours ago
200 DMA Resistance about 10 hours ago
Rose Above Previous Day's High about 11 hours ago

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Universal Forest Products, Inc. Description

Universal Forest Products, Inc., through its subsidiaries, primarily designs, manufactures, and markets wood and wood-alternative products for retail building home centers and other retailers. Its products comprise dimensional lumber, such as preserved and unpreserved lumber, and various value-added products; conventional lumber products; composite wood and plastic products; and engineered wood products that comprise roof and floor trusses, wall panels, engineered floor systems, I-joists, and lumber packages. The company also offers structural lumber and other products, such as roof trusses, cut and shaped lumber, plywood, particle board, and dimensional lumber for the manufactured housing industry; engineered wood components for the residential construction market; and specialty wood packaging, and components and packing materials consisting of pallets, specialty crates, and wooden boxes for various industries. In addition, it provides outdoor living products, including wood composite decking, decorative balusters, post caps, and plastic lattice; lawn and garden products, such as trellises and arches, as well as offers framing services for the residential market and forming products for concrete construction. The company sells its products in the United States and internationally. Universal Forest Products, Inc. was founded in 1955 and is headquartered in Grand Rapids, Michigan.


Classification

Sector: Basic Materials
Industry: Lumber & Wood Production
Keywords: Construction Building Materials Wood Products Forestry Manufactured Housing Forest Products Engineered Wood Garden Products Plywood Lumber Plastic Products Grand Rapids Wood Outdoor Living Products Lumber Products Particle Board Composite Lumber I Joist

Is UFPI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 127.9211
52 Week Low 89.7527
Average Volume 307,586
200-Day Moving Average 112.19
50-Day Moving Average 115.77
20-Day Moving Average 114.17
10-Day Moving Average 112.93
Average True Range 2.79
RSI (14) 39.76
ADX 11.32
+DI 23.98
-DI 27.21
Chandelier Exit (Long, 3 ATRs) 113.20
Chandelier Exit (Short, 3 ATRs) 117.15
Upper Bollinger Bands 118.99
Lower Bollinger Band 109.34
Percent B (%b) 0.1
BandWidth 8.45
MACD Line -1.60
MACD Signal Line -1.08
MACD Histogram -0.5256
Fundamentals Value
Market Cap 6.82 Billion
Num Shares 61.8 Million
EPS 8.53
Price-to-Earnings (P/E) Ratio 12.93
Price-to-Sales 0.97
Price-to-Book 2.52
PEG Ratio 1.88
Dividend 1.05
Dividend Yield 0.95%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 114.46
Resistance 3 (R3) 114.91 113.97 113.77
Resistance 2 (R2) 113.97 112.92 113.75 113.54
Resistance 1 (R1) 112.15 112.27 111.68 111.70 113.31
Pivot Point 111.21 111.21 110.98 110.99 111.21
Support 1 (S1) 109.39 110.16 108.92 108.94 107.33
Support 2 (S2) 108.45 109.51 108.23 107.10
Support 3 (S3) 106.63 108.45 106.87
Support 4 (S4) 106.18