
- Universal Forest Products (UFPI) is an example of what it looks like when Barchart’s indicators are all flashing red.
- Shares just hit a new two-year low and have a 100% “Sell” opinion from Barchart.
- UFPI stock is trading below all of its key moving averages, and its fundamentals look weak too.
- Price action in this hard-hit stock reflects broader challenges in the housing market and economy.