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UWM Holdings Corp
Buy, Hold or Sell?

Let's analyse Uwm together

PenkeI guess you are interested in UWM Holdings Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of UWM Holdings Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Uwm (30 sec.)










What can you expect buying and holding a share of Uwm? (30 sec.)

How much money do you get?

How much money do you get?
$1.98
When do you have the money?
1 year
How often do you get paid?
88.9%

What is your share worth?

Current worth
$26.18
Expected worth in 1 year
$18.81
How sure are you?
77.8%

+ What do you gain per year?

Total Gains per Share
$-5.39
Return On Investment
-74.8%

For what price can you sell your share?

Current Price per Share
$7.21
Expected price per share
$5.99 - $
How sure are you?
50%

1. Valuation of Uwm (5 min.)




Live pricePrice per Share (EOD)

$7.21

Intrinsic Value Per Share

$678.38 - $804.69

Total Value Per Share

$704.56 - $830.87

2. Growth of Uwm (5 min.)




Is Uwm growing?

Current yearPrevious yearGrowGrow %
How rich?$2.4b$3.1b-$261.9m-9.2%

How much money is Uwm making?

Current yearPrevious yearGrowGrow %
Making money$67.3m$134.4m-$67m-99.5%
Net Profit Margin3.5%-48.6%--

How much money comes from the company's main activities?

3. Financial Health of Uwm (5 min.)




4. Comparing to competitors in the Mortgage Finance industry (5 min.)




  Industry Rankings (Mortgage Finance)  


Richest
#11 / 53

Most Revenue
#11 / 53

Most Profit
#15 / 53

What can you expect buying and holding a share of Uwm? (5 min.)

Welcome investor! Uwm's management wants to use your money to grow the business. In return you get a share of Uwm.

What can you expect buying and holding a share of Uwm?

First you should know what it really means to hold a share of Uwm. And how you can make/lose money.

Speculation

The Price per Share of Uwm is $7.21. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Uwm.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Uwm, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $26.18. Based on the TTM, the Book Value Change Per Share is $-1.84 per quarter. Based on the YOY, the Book Value Change Per Share is $0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.50 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Uwm.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.29-4.0%-0.03-0.5%0.111.5%2.0328.2%2.0328.2%
Usd Book Value Change Per Share-6.53-90.6%-1.84-25.6%0.000.0%1.4520.2%1.4520.2%
Usd Dividend Per Share1.6923.4%0.506.9%1.6422.7%2.2931.8%2.2931.8%
Usd Total Gains Per Share-4.84-67.2%-1.35-18.7%1.6422.7%3.7552.0%3.7552.0%
Usd Price Per Share7.15-5.63-3.58-6.05-6.05-
Price to Earnings Ratio-6.24-1.96--65.38-9.84-9.84-
Price-to-Total Gains Ratio-1.48-1.59-0.64-1,636.94-1,636.94-
Price to Book Ratio0.27-0.19-0.11-0.99-0.99-
Price-to-Total Gains Ratio-1.48-1.59-0.64-1,636.94-1,636.94-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share7.21
Number of shares138
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.502.29
Usd Book Value Change Per Share-1.841.45
Usd Total Gains Per Share-1.353.75
Gains per Quarter (138 shares)-186.02517.04
Gains per Year (138 shares)-744.072,068.18
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1274-1018-75412658032058
2547-2036-1498253016064126
3821-3053-2242379624096194
41095-4071-2986506132128262
51369-5089-37306326401510330
61642-6107-44747591481812398
71916-7125-52188856562114466
82190-8142-596210121642416534
92463-9160-670611387722718602
102737-10178-745012652803020670

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share2.02.00.050.0%9.03.00.075.0%13.05.00.072.2%13.05.00.072.2%13.05.00.072.2%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%10.08.00.055.6%10.08.00.055.6%10.08.00.055.6%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%16.00.02.088.9%16.00.02.088.9%16.00.02.088.9%
Total Gains per Share2.02.00.050.0%8.04.00.066.7%14.04.00.077.8%14.04.00.077.8%14.04.00.077.8%

Fundamentals of Uwm

About UWM Holdings Corp

UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company offers mortgage loans through wholesale channel. It originates primarily conforming and government loans. UWM Holdings Corporation was founded in 1986 and is headquartered in Pontiac, Michigan.

Fundamental data was last updated by Penke on 2024-03-14 13:16:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of UWM Holdings Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Uwm earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Uwm to the Mortgage Finance industry mean.
  • A Net Profit Margin of -5.2% means that $-0.05 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of UWM Holdings Corp:

  • The MRQ is -5.2%. The company is making a loss. -1
  • The TTM is 3.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ-5.2%TTM3.5%-8.7%
TTM3.5%YOY-48.6%+52.1%
TTM3.5%5Y3.9%-0.3%
5Y3.9%10Y3.9%0.0%
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.2%51.3%-56.5%
TTM3.5%53.3%-49.8%
YOY-48.6%50.6%-99.2%
5Y3.9%55.0%-51.1%
10Y3.9%47.7%-43.8%
1.1.2. Return on Assets

Shows how efficient Uwm is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Uwm to the Mortgage Finance industry mean.
  • -0.2% Return on Assets means that Uwm generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of UWM Holdings Corp:

  • The MRQ is -0.2%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.5%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-0.2%TTM0.5%-0.8%
TTM0.5%YOY1.2%-0.7%
TTM0.5%5Y43.9%-43.4%
5Y43.9%10Y43.9%0.0%
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.2%0.1%-0.3%
TTM0.5%0.1%+0.4%
YOY1.2%0.1%+1.1%
5Y43.9%0.2%+43.7%
10Y43.9%0.1%+43.8%
1.1.3. Return on Equity

Shows how efficient Uwm is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Uwm to the Mortgage Finance industry mean.
  • -24.1% Return on Equity means Uwm generated $-0.24 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of UWM Holdings Corp:

  • The MRQ is -24.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 50.2%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ-24.1%TTM50.2%-74.2%
TTM50.2%YOY15.6%+34.6%
TTM50.2%5Y2,272.1%-2,221.9%
5Y2,272.1%10Y2,272.1%0.0%
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ-24.1%5.1%-29.2%
TTM50.2%6.1%+44.1%
YOY15.6%6.9%+8.7%
5Y2,272.1%13.6%+2,258.5%
10Y2,272.1%12.5%+2,259.6%

1.2. Operating Efficiency of UWM Holdings Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Uwm is operating .

  • Measures how much profit Uwm makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Uwm to the Mortgage Finance industry mean.
  • An Operating Margin of 45.6% means the company generated $0.46  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of UWM Holdings Corp:

  • The MRQ is 45.6%. The company is operating very efficient. +2
  • The TTM is 35.7%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ45.6%TTM35.7%+9.9%
TTM35.7%YOY-19.2%+54.9%
TTM35.7%5Y21.9%+13.8%
5Y21.9%10Y21.9%0.0%
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ45.6%21.0%+24.6%
TTM35.7%17.5%+18.2%
YOY-19.2%27.7%-46.9%
5Y21.9%25.2%-3.3%
10Y21.9%26.8%-4.9%
1.2.2. Operating Ratio

Measures how efficient Uwm is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Mortgage Finance industry mean).
  • An Operation Ratio of 0.54 means that the operating costs are $0.54 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of UWM Holdings Corp:

  • The MRQ is 0.544. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.308. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.544TTM0.308+0.235
TTM0.308YOY0.718-0.409
TTM0.3085Y-0.042+0.350
5Y-0.04210Y-0.0420.000
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5440.579-0.035
TTM0.3080.725-0.417
YOY0.7180.752-0.034
5Y-0.0420.659-0.701
10Y-0.0420.665-0.707

1.3. Liquidity of UWM Holdings Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Uwm is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Mortgage Finance industry mean).
  • A Current Ratio of 0.00 means the company has $0.00 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of UWM Holdings Corp:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.405-0.405
TTM0.405YOY1.153-0.748
TTM0.4055Y0.728-0.323
5Y0.72810Y0.7280.000
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ-14.710-14.710
TTM0.40537.702-37.297
YOY1.1532.525-1.372
5Y0.72838.137-37.409
10Y0.72830.991-30.263
1.3.2. Quick Ratio

Measures if Uwm is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Uwm to the Mortgage Finance industry mean.
  • A Quick Ratio of 0.88 means the company can pay off $0.88 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of UWM Holdings Corp:

  • The MRQ is 0.876. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.672. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.876TTM0.672+0.204
TTM0.672YOY1.283-0.611
TTM0.6725Y1,616.166-1,615.495
5Y1,616.16610Y1,616.1660.000
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8763.339-2.463
TTM0.67241.352-40.680
YOY1.2833.145-1.862
5Y1,616.16635.139+1,581.027
10Y1,616.16639.955+1,576.211

1.4. Solvency of UWM Holdings Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Uwm assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Uwm to Mortgage Finance industry mean.
  • A Debt to Asset Ratio of 0.79 means that Uwm assets are financed with 79.2% credit (debt) and the remaining percentage (100% - 79.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of UWM Holdings Corp:

  • The MRQ is 0.792. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.760. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.792TTM0.760+0.032
TTM0.760YOY0.731+0.029
TTM0.7605Y0.616+0.144
5Y0.61610Y0.6160.000
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7920.964-0.172
TTM0.7600.948-0.188
YOY0.7310.946-0.215
5Y0.6160.947-0.331
10Y0.6160.933-0.317
1.4.2. Debt to Equity Ratio

Measures if Uwm is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Uwm to the Mortgage Finance industry mean.
  • A Debt to Equity ratio of 8,349.2% means that company has $83.49 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of UWM Holdings Corp:

  • The MRQ is 83.492. The company is unable to pay all its debts with equity. -1
  • The TTM is 73.966. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ83.492TTM73.966+9.526
TTM73.966YOY49.182+24.785
TTM73.9665Y52.121+21.845
5Y52.12110Y52.1210.000
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
MRQ83.49229.828+53.664
TTM73.96627.007+46.959
YOY49.18229.454+19.728
5Y52.12125.735+26.386
10Y52.12121.065+31.056

2. Market Valuation of UWM Holdings Corp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Uwm generates.

  • Above 15 is considered overpriced but always compare Uwm to the Mortgage Finance industry mean.
  • A PE ratio of -6.24 means the investor is paying $-6.24 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of UWM Holdings Corp:

  • The EOD is -6.291. Based on the earnings, the company is expensive. -2
  • The MRQ is -6.239. Based on the earnings, the company is expensive. -2
  • The TTM is 1.959. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-6.291MRQ-6.239-0.052
MRQ-6.239TTM1.959-8.198
TTM1.959YOY-65.383+67.343
TTM1.9595Y9.835-7.876
5Y9.83510Y9.8350.000
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
EOD-6.2912.274-8.565
MRQ-6.2391.649-7.888
TTM1.9591.120+0.839
YOY-65.3838.682-74.065
5Y9.83518.078-8.243
10Y9.83511.419-1.584
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of UWM Holdings Corp:

  • The EOD is -0.507. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.503. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.045. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.507MRQ-0.503-0.004
MRQ-0.503TTM-0.045-0.458
TTM-0.045YOY-0.052+0.007
TTM-0.0455Y-0.019-0.026
5Y-0.01910Y-0.0190.000
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
EOD-0.5072.464-2.971
MRQ-0.5031.737-2.240
TTM-0.0451.266-1.311
YOY-0.0520.132-0.184
5Y-0.0190.468-0.487
10Y-0.019-0.095+0.076
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Uwm is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Mortgage Finance industry mean).
  • A PB ratio of 0.27 means the investor is paying $0.27 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of UWM Holdings Corp:

  • The EOD is 0.275. Based on the equity, the company is cheap. +2
  • The MRQ is 0.273. Based on the equity, the company is cheap. +2
  • The TTM is 0.191. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.275MRQ0.273+0.002
MRQ0.273TTM0.191+0.082
TTM0.191YOY0.108+0.082
TTM0.1915Y0.985-0.794
5Y0.98510Y0.9850.000
Compared to industry (Mortgage Finance)
PeriodCompanyIndustry (mean)+/- 
EOD0.2750.487-0.212
MRQ0.2730.352-0.079
TTM0.1910.310-0.119
YOY0.1080.418-0.310
5Y0.9851.656-0.671
10Y0.9850.907+0.078
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of UWM Holdings Corp.

3.1. Insider Transactions

Insiders are holding 4.502% of the shares of UWM Holdings Corp.

DateOwnerTypeAmountPricePost Transaction AmountLink
2023-09-13Robert VerdunBUY400005.2

4. Summary

4.1. Key Performance Indicators

The key performance indicators of UWM Holdings Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---6.533-1.844-72%0.002-357002%1.455-549%1.455-549%
Book Value Per Share--26.18530.126-13%32.898-20%20.237+29%20.237+29%
Current Ratio---0.405-100%1.153-100%0.728-100%0.728-100%
Debt To Asset Ratio--0.7920.760+4%0.731+8%0.616+29%0.616+29%
Debt To Equity Ratio--83.49273.966+13%49.182+70%52.121+60%52.121+60%
Dividend Per Share--1.6880.496+241%1.638+3%2.292-26%2.292-26%
Eps---0.287-0.035-88%0.110-360%2.032-114%2.032-114%
Free Cash Flow Per Share---3.5560.367-1068%30.370-112%4.814-174%4.814-174%
Free Cash Flow To Equity Per Share---4.408-5.459+24%-4.615+5%-1.951-56%-1.951-56%
Gross Profit Margin--1.9450.866+125%0.286+580%0.588+231%0.588+231%
Intrinsic Value_10Y_max--804.685--------
Intrinsic Value_10Y_min--678.378--------
Intrinsic Value_1Y_max--36.428--------
Intrinsic Value_1Y_min--35.755--------
Intrinsic Value_3Y_max--143.143--------
Intrinsic Value_3Y_min--135.976--------
Intrinsic Value_5Y_max--290.476--------
Intrinsic Value_5Y_min--266.713--------
Market Cap681401987.840+1%675731513.600531843229.760+27%338102026.560+100%1301637440.443-48%1301637440.443-48%
Net Profit Margin---0.0520.035-247%-0.486+832%0.039-235%0.039-235%
Operating Margin--0.4560.357+28%-0.192+142%0.219+108%0.219+108%
Operating Ratio--0.5440.308+76%0.718-24%-0.042+108%-0.042+108%
Pb Ratio0.275+1%0.2730.191+43%0.108+152%0.985-72%0.985-72%
Pe Ratio-6.291-1%-6.2391.959-418%-65.383+948%9.835-163%9.835-163%
Price Per Share7.210+1%7.1505.628+27%3.578+100%6.053+18%6.053+18%
Price To Free Cash Flow Ratio-0.507-1%-0.503-0.045-91%-0.052-90%-0.019-96%-0.019-96%
Price To Total Gains Ratio-1.488-1%-1.4761.586-193%0.642-330%1636.939-100%1636.939-100%
Quick Ratio--0.8760.672+30%1.283-32%1616.166-100%1616.166-100%
Return On Assets---0.0020.005-142%0.012-119%0.439-101%0.439-101%
Return On Equity---0.2410.502-148%0.156-254%22.721-101%22.721-101%
Total Gains Per Share---4.845-1.348-72%1.640-395%3.747-229%3.747-229%
Usd Book Value--2474671000.0002847111500.000-13%3109094750.000-20%2060583071.556+20%2060583071.556+20%
Usd Book Value Change Per Share---6.533-1.844-72%0.002-357002%1.455-549%1.455-549%
Usd Book Value Per Share--26.18530.126-13%32.898-20%20.237+29%20.237+29%
Usd Dividend Per Share--1.6880.496+241%1.638+3%2.292-26%2.292-26%
Usd Eps---0.287-0.035-88%0.110-360%2.032-114%2.032-114%
Usd Free Cash Flow---336086000.00034702500.000-1068%2870165250.000-112%88670784.444-479%88670784.444-479%
Usd Free Cash Flow Per Share---3.5560.367-1068%30.370-112%4.814-174%4.814-174%
Usd Free Cash Flow To Equity Per Share---4.408-5.459+24%-4.615+5%-1.951-56%-1.951-56%
Usd Market Cap681401987.840+1%675731513.600531843229.760+27%338102026.560+100%1301637440.443-48%1301637440.443-48%
Usd Price Per Share7.210+1%7.1505.628+27%3.578+100%6.053+18%6.053+18%
Usd Profit---27078000.00067383000.000-140%134419250.000-120%238229166.556-111%238229166.556-111%
Usd Revenue--519835000.000425126500.000+22%408827250.000+27%585978222.222-11%585978222.222-11%
Usd Total Gains Per Share---4.845-1.348-72%1.640-395%3.747-229%3.747-229%
 EOD+5 -3MRQTTM+13 -23YOY+13 -235Y+9 -2710Y+9 -27

4.2. Fundamental Score

Let's check the fundamental score of UWM Holdings Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-6.291
Price to Book Ratio (EOD)Between0-10.275
Net Profit Margin (MRQ)Greater than0-0.052
Operating Margin (MRQ)Greater than00.456
Quick Ratio (MRQ)Greater than10.876
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.792
Debt to Equity Ratio (MRQ)Less than183.492
Return on Equity (MRQ)Greater than0.15-0.241
Return on Assets (MRQ)Greater than0.05-0.002
Total3/10 (30.0%)

4.3. Technical Score

Let's check the technical score of UWM Holdings Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.639
Ma 20Greater thanMa 506.856
Ma 50Greater thanMa 1006.761
Ma 100Greater thanMa 2006.433
OpenGreater thanClose7.360
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets11,871,854
Total Liabilities9,397,183
Total Stockholder Equity112,552
 As reported
Total Liabilities 9,397,183
Total Stockholder Equity+ 112,552
Total Assets = 11,871,854

Assets

Total Assets11,871,854
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 497,468
Net Receivables 1,368,926
Other Current Assets -1,866,394
Total Current Assets  (as reported)0
Total Current Assets  (calculated)0
+/-0
Long-term Assets
Property Plant Equipment 274,653
Long Term Investments 110,352
Intangible Assets 4,026,136
Long-term Assets Other -4,444,160
Long-term Assets  (as reported)0
Long-term Assets  (calculated)-33,019
+/- 33,019

Liabilities & Shareholders' Equity

Total Current Liabilities2,131,467
Long-term Liabilities7,604,696
Total Stockholder Equity112,552
Total Current Liabilities
Short-term Debt 1,662,366
Short Long Term Debt 750,000
Accounts payable 469,101
Other Current Liabilities -2,131,467
Total Current Liabilities  (as reported)2,131,467
Total Current Liabilities  (calculated)750,000
+/- 1,381,467
Long-term Liabilities
Long term Debt 2,082,081
Capital Lease Obligations 136,702
Long-term Liabilities  (as reported)7,604,696
Long-term Liabilities  (calculated)2,218,783
+/- 5,385,913
Total Stockholder Equity
Common Stock160
Retained Earnings 110,690
Other Stockholders Equity 1,702
Total Stockholder Equity (as reported)112,552
Total Stockholder Equity (calculated)112,552
+/-0
Other
Capital Stock160
Cash and Short Term Investments 497,468
Common Stock Shares Outstanding 93,654
Liabilities and Stockholders Equity 11,871,854
Net Debt 8,230,261
Net Invested Capital 2,944,633
Property Plant and Equipment Gross 352,431
Short Long Term Debt Total 8,727,729



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
299
412
427,376
426,923
425,796
425,566
10,372,626
16,844,098
16,480,950
22,528,358
10,990,953
11,016,910
10,947,716
13,600,625
10,947,716
12,425,919
12,204,137
11,871,854
11,871,85412,204,13712,425,91910,947,71613,600,62510,947,71611,016,91010,990,95322,528,35816,480,95016,844,09810,372,626425,566425,796426,923427,376412299
   > Total Current Assets 
299
0
1,497
863
473
234
234
1,365,635
340,028
1,299,042
1,657,199
1,358,925
1,288,085
1,201,335
1,212,130
1,094,066
1,220,064
0
01,220,0641,094,0661,212,1301,201,3351,288,0851,358,9251,657,1991,299,042340,0281,365,6352342344738631,4970299
       Cash And Cash Equivalents 
89
0
1,107
542
222
51
1,593,138
1,048,396
951,226
731,088
901,174
958,656
740,063
704,898
740,063
634,576
729,616
497,468
497,468729,616634,576740,063704,898740,063958,656901,174731,088951,2261,048,3961,593,138512225421,107089
       Short-term Investments 
0
0
425,879
426,052
425,323
425,331
425,331
0
41,809
152,263
138,417
125,193
114,275
113,290
54,105
111,625
104,526
0
0104,526111,62554,105113,290114,275125,193138,417152,26341,8090425,331425,331425,323426,052425,87900
       Net Receivables 
0
0
0
6,010,431
5,462,058
8,054,224
549,381
378,814
340,028
415,691
617,608
400,269
472,067
425,365
472,067
382,812
417,725
1,368,926
1,368,926417,725382,812472,067425,365472,067400,269617,608415,691340,028378,814549,3818,054,2245,462,0586,010,431000
       Other Current Assets 
0
0
0
56,938
251
-425,147
253,508
1,048,177
282,164
67,356
717,743
125,079
-1,355,687
246,097
-1,614,585
-1,391,519
-1,733,028
-1,866,394
-1,866,394-1,733,028-1,391,519-1,614,585246,097-1,355,687125,079717,74367,356282,1641,048,177253,508-425,14725156,938000
   > Long-term Assets 
0
0
425,879
426,060
425,323
425,331
425,331
279,350
15,190,012
104,828
151,206
4,118,056
293,671
298,876
4,344,496
286,148
278,739
0
0278,739286,1484,344,496298,876293,6714,118,056151,206104,82815,190,012279,350425,331425,331425,323426,060425,87900
       Property Plant Equipment 
0
0
0
164,860
161,228
200,670
254,316
217,994
311,789
293,363
151,206
256,504
255,351
256,658
255,351
251,201
246,936
274,653
274,653246,936251,201255,351256,658255,351256,504151,206293,363311,789217,994254,316200,670161,228164,860000
       Long Term Investments 
0
0
425,879
0
0
0
5,616,439
12,479,550
11,880,449
17,540,680
5,450,099
5,457,462
5,726,565
7,563,319
5,302,170
6,740,409
104,526
110,352
110,352104,5266,740,4095,302,1707,563,3195,726,5655,457,4625,450,09917,540,68011,880,44912,479,5505,616,439000425,87900
       Intangible Assets 
0
0
0
0
0
1,760,508
2,300,434
2,662,556
2,900,310
3,335,128
3,514,102
3,736,359
3,974,870
4,453,261
3,974,870
4,224,207
4,352,219
4,026,136
4,026,1364,352,2194,224,2073,974,8704,453,2613,974,8703,736,3593,514,1023,335,1282,900,3102,662,5562,300,4341,760,50800000
       Other Assets 
0
412
0
46,945
66,397
425,331
10,372,626
15,199,113
16,480,950
22,528,358
9,182,548
5,539,929
9,365,960
12,100,414
5,391,090
11,045,705
10,705,334
11,871,854
11,871,85410,705,33411,045,7055,391,09012,100,4149,365,9605,539,9299,182,54822,528,35816,480,95015,199,11310,372,626425,33166,39746,94504120
> Total Liabilities 
295
0
15,559
15,154
19,377
20,073
7,594,590
14,157,112
13,486,922
19,357,357
7,824,711
7,793,008
8,073,174
10,428,932
8,073,174
9,478,797
9,112,026
9,397,183
9,397,1839,112,0269,478,7978,073,17410,428,9328,073,1747,793,0087,824,71119,357,35713,486,92214,157,1127,594,59020,07319,37715,15415,5590295
   > Total Current Liabilities 
295
0
624
279
4,502
5,198
6,409,239
12,267,749
11,717,433
17,040,303
1,207,145
5,277,519
5,176,652
439,719
5,176,652
923,407
6,070,790
2,131,467
2,131,4676,070,790923,4075,176,652439,7195,176,6525,277,5191,207,14517,040,30311,717,43312,267,7496,409,2395,1984,5022796240295
       Short-term Debt 
150
0
0
0
1,000
1,000
5,223,740
11,249,213
10,487,950
15,954,938
4,076,829
4,497,353
4,759,834
7,193,992
4,759,834
500,000
5,566,900
1,662,366
1,662,3665,566,900500,0004,759,8347,193,9924,759,8344,497,3534,076,82915,954,93810,487,95011,249,2135,223,7401,0001,000000150
       Short Long Term Debt 
0
0
0
0
1,000
1,000
5,223,740
11,249,213
10,487,950
15,954,938
4,076,829
4,497,353
4,712,719
750,000
4,759,834
500,000
5,566,900
750,000
750,0005,566,900500,0004,759,834750,0004,712,7194,497,3534,076,82915,954,93810,487,95011,249,2135,223,7401,0001,0000000
       Accounts payable 
0
0
0
307,676
398,953
801,423
1,185,499
1,018,536
1,229,483
1,085,365
1,207,145
780,166
416,818
439,719
416,818
423,407
503,890
469,101
469,101503,890423,407416,818439,719416,818780,1661,207,1451,085,3651,229,4831,018,5361,185,499801,423398,953307,676000
       Other Current Liabilities 
0
0
624
279
3,502
3,198
285,293
315,098
105,697
36,741
358,942
-5,277,519
-5,176,652
-7,193,992
-5,176,652
-923,407
-6,070,790
-2,131,467
-2,131,467-6,070,790-923,407-5,176,652-7,193,992-5,176,652-5,277,519358,94236,741105,697315,098285,2933,1983,50227962400
   > Long-term Liabilities 
0
0
14,935
14,875
14,875
14,875
969,355
1,646,368
1,665,408
2,152,356
6,617,566
5,277,519
5,176,652
9,989,213
2,233,488
2,232,269
2,225,292
7,604,696
7,604,6962,225,2922,232,2692,233,4889,989,2135,176,6525,277,5196,617,5662,152,3561,665,4081,646,368969,35514,87514,87514,87514,93500
       Long term Debt Total 
0
0
0
0
0
0
845,349
1,566,138
1,578,364
2,135,639
2,215,322
2,194,847
2,313,304
2,135,429
2,149,406
2,108,936
0
0
002,108,9362,149,4062,135,4292,313,3042,194,8472,215,3222,135,6391,578,3641,566,138845,349000000
       Warrants
0
0
0
0
0
400,493
0
0
0
0
0
0
0
0
0
0
0
0
000000000000400,49300000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
32,384
0
0
0
71,689
0
0
0
0
000071,68900032,384000000000
       Deferred Long Term Liability 
0
0
0
0
0
14,875
0
0
0
0
0
0
0
0
0
0
0
0
00000000000014,87500000
> Total Stockholder Equity
0
-14
5,000
5,000
5,000
405,493
113,238
109,744
130,288
142,401
3,166,242
138,783
123,331
143,562
123,331
121,805
131,877
112,552
112,552131,877121,805123,331143,562123,331138,7833,166,242142,401130,288109,744113,238405,4935,0005,0005,000-140
   Common Stock
0
0
0
0
0
400,494
160
160
160
159
9
159
159
159
159
159
160
160
1601601591591591591599159160160160400,49400000
   Retained Earnings Total Equity
0
0
0
0
0
-5,846
113,078
109,397
129,815
141,805
138,834
137,955
141,194
142,500
122,136
120,379
0
0
00120,379122,136142,500141,194137,955138,834141,805129,815109,397113,078-5,84600000
   Accumulated Other Comprehensive Income 000000000000000000
   Capital Surplus 
0
0
0
0
0
10,845
0
187
313
437
542
669
784
903
1,036
1,267
0
0
001,2671,036903784669542437313187010,84500000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
0
0
4,522
4,571
9,920
10,845
0
187
313
437
3,027,399
669
1,036
903
1,036
1,267
1,484
1,702
1,7021,4841,2671,0369031,0366693,027,399437313187010,8459,9204,5714,52200



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue2,165,475
Cost of Revenue-282,200
Gross Profit1,883,2751,883,275
 
Operating Income (+$)
Gross Profit1,883,275
Operating Expense-791,229
Operating Income1,092,0461,092,046
 
Operating Expense (+$)
Research Development0
Selling General Administrative700,654
Selling And Marketing Expenses84,515
Operating Expense791,229785,169
 
Net Interest Income (+$)
Interest Income365,161
Interest Expense-320,256
Other Finance Cost-34,107
Net Interest Income10,798
 
Pretax Income (+$)
Operating Income1,092,046
Net Interest Income10,798
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-76,2932,260,385
EBIT - interestExpense = 771,790
-19,741
307,026
Interest Expense320,256
Earnings Before Interest and Taxes (EBIT)1,092,046243,963
Earnings Before Interest and Taxes (EBITDA)1,138,192
 
After tax Income (+$)
Income Before Tax-76,293
Tax Provision--5,833
Net Income From Continuing Ops328,690-70,460
Net Income-13,230
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,073,429
Total Other Income/Expenses Net-1,168,339-10,798
 

Technical Analysis of Uwm
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Uwm. The general trend of Uwm is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Uwm's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of UWM Holdings Corp.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: .

The bearish price targets are: 7.27 > 6.51 > 5.99.

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UWM Holdings Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of UWM Holdings Corp. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

UWM Holdings Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of UWM Holdings Corp. The current macd is 0.18177146.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Uwm price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Uwm. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Uwm price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
UWM Holdings Corp Daily Moving Average Convergence/Divergence (MACD) ChartUWM Holdings Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of UWM Holdings Corp. The current adx is 18.33.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Uwm shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
UWM Holdings Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of UWM Holdings Corp. The current sar is 7.11493256.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
UWM Holdings Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of UWM Holdings Corp. The current rsi is 57.64. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
UWM Holdings Corp Daily Relative Strength Index (RSI) ChartUWM Holdings Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of UWM Holdings Corp. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Uwm price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
UWM Holdings Corp Daily Stochastic Oscillator ChartUWM Holdings Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of UWM Holdings Corp. The current cci is 90.67.

UWM Holdings Corp Daily Commodity Channel Index (CCI) ChartUWM Holdings Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of UWM Holdings Corp. The current cmo is 15.05.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
UWM Holdings Corp Daily Chande Momentum Oscillator (CMO) ChartUWM Holdings Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of UWM Holdings Corp. The current willr is -43.5483871.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Uwm is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
UWM Holdings Corp Daily Williams %R ChartUWM Holdings Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of UWM Holdings Corp.

UWM Holdings Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of UWM Holdings Corp. The current atr is 0.2660218.

UWM Holdings Corp Daily Average True Range (ATR) ChartUWM Holdings Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of UWM Holdings Corp. The current obv is 27,596,520.

UWM Holdings Corp Daily On-Balance Volume (OBV) ChartUWM Holdings Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of UWM Holdings Corp. The current mfi is 52.12.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
UWM Holdings Corp Daily Money Flow Index (MFI) ChartUWM Holdings Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for UWM Holdings Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-25RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

UWM Holdings Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of UWM Holdings Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5057.639
Ma 20Greater thanMa 506.856
Ma 50Greater thanMa 1006.761
Ma 100Greater thanMa 2006.433
OpenGreater thanClose7.360
Total5/5 (100.0%)
Penke

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