RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of USFD
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Evaluation of US Foods Holding Corp stock downgraded after the last trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Jan 30, 2024 Gain 15.44% PDF

The US Foods Holding Corp stock price fell by -0.97% on the last day (Thursday, 28th Mar 2024) from $54.50 to $53.97. During the last trading day the stock fluctuated 1.84% from a day low at $53.94 to a day high of $54.93. The price has risen in 6 of the last 10 days and is up by 0.15% over the past 2 weeks. Volume has increased on the last day by 495 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately $74.80 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 23.76% during the next 3 months and, with a 90% probability hold a price between $64.10 and $67.66 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

USFD Signals & Forecast

The US Foods Holding Corp stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $54.07. On a fall, the stock will find some support from the long-term average at approximately $51.59. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -0.97%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for US Foods Holding Corp stock

On the downside, the stock finds support just below today's level from accumulated volume at $49.58 and $48.57. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, US Foods Holding Corp finds support just below today's level at $49.58. If this is broken, then the next support from accumulated volume will be at $48.57 and $46.46.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.99 (1.84%) between high and low. For the last week, the stock has had daily average volatility of 1.21%.

Our recommended stop-loss: $52.31 (-3.07%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (USFD) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect US Foods Holding Corp to open at $54.28, and during the day (based on 14 day Average True Range), to move between $53.08 and $54.86, which gives a possible trading interval of +/-$0.89 (+/-1.65%) up or down from last closing price. If US Foods Holding Corp takes out the full calculated possible swing range there will be an estimated 3.31% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $54.01 (0.07%) than the support at $49.58 (8.13%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is US Foods Holding Corp stock A Buy?

US Foods Holding Corp holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold/Accumulate candidate.

Current score: -0.091 Hold/Accumulate Downgraded

Predicted Opening Price for US Foods Holding Corp of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$54.28 ( 0.574%) $53.97

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for USFD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 55.27 2.41 %
R2 54.89 1.71 %
R1 54.66 1.28 %
Current price: 53.97
Support S1 53.90 -0.126 %
S2 53.67 -0.559 %
S3 53.29 -1.26 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 54.24 0.500 %
R2 54.14 0.315 %
R1 54.01 0.0741 %
Current price 53.97
Support S1 49.58 -8.13%
S2 48.57 -10.01%
S3 46.46 -13.92%

FAQ

What is the symbol for US Foods Holding Corp Stock and on which exchange is it traded?
The symbol for US Foods Holding Corp is USFD and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell US Foods Holding Corp Stock?
US Foods Holding Corp holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold/Accumulate candidate.

How to buy US Foods Holding Corp Stock?
US Foods Holding Corp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy US Foods Holding Corp Stock.

What's the current price of US Foods Holding Corp Stock?
As of the end of day on the 2024-03-28, the price of an US Foods Holding Corp (USFD) share was $53.97.

What is the 52-week high and low for US Foods Holding Corp Stock?
The 52-week high for US Foods Holding Corp Stock is $54.94 and the 52-week low is $35.66.

What is the market capitalization of US Foods Holding Corp Stock?
As of the 2024-03-28, the market capitalization of US Foods Holding Corp is 13.217B.

When is the next earnings date for US Foods Holding Corp?
The upcoming earnings date for US Foods Holding Corp is May 09, 2024.
Click to get the best stock tips daily for free!

About US Foods Holding Corp

US Foods Holding US Foods Holding Corp., through its subsidiary, US Foods, Inc., markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and r... USFD Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT