Stronger Sell Today UNFI ranks #4205 as SELL CANDIDATE #4205 Weaker Sell

United Natural Foods stock forecast

UNFI stock forecast

Friday June 14, 2019 Change -4.64% Price $10.27
Chart period: 2019-03-15 - 2019-06-14
VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will UNFI stock price go up or down on Mon, 17 Jun 2019?

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United Natural Foods Forecast and Stock Analysis

Technical UNFI stock analysis for Friday June 14, 2019.

Sell candidate since 2019-06-14


United Natural Foods fell by -4.64% in the last day ( Friday, 14th Jun 2019 ) from $10.77 to $10.27 During day the stock fluctuated 6.12% from a day low at $10.22 to a day high of $10.85. The price has been going up and down for this period, and there has been a 1.18% gain for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -559 603 shares and in total 743 275 shares bought and sold for approximately $7.63 million.

Quick summary:

  • 30 day high of the UNFI stock price was $12.27 and low was $9.50.
  • 90 day high was $14.13 and low was $9.50.
  • 52 week high for the United Natural Foods - $44.94 and low - $9.23.

Trend

United Natural Foods lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -23.92% during the next 3 months and, with 90% probability hold a price between $7.10 and $8.55 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. United Natural Foods holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $10.46 and $11.39. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday June 11, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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Relative Strength Index (RSI)

RSI14 is 37 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

United Natural Foods finds support from accumulated volume at $10.24.

Support: $10.24 Price: $10.27 Resistance: $10.92

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.63 between high and low, or 6.12%. For the last week, the stock has had a daily average volatility of 5.76%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

5.76 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

United Natural Foods holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

Sell Candidate Downgraded
Stronger Sell Today UNFI ranks #4205 as SELL CANDIDATE #4205 Weaker Sell

Will UNFI stock price go up or down on Mon, 17 Jun 2019?

Predict

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