# UFPI Daily Reclaims 79.530 Before Falling 55 EMA

> UFPI closes above 79.530 but remains below falling 55 EMA.
- Title: UFPI Daily Reclaims 79.530 Before Falling 55 EMA · TradingView
- Summary: UFPI closes above 79.530 but remains below falling 55 EMA. UFPI reclaimed 79.530 but failed to break 55 EMA, signaling potential short-term correction.
- Keywords: ufpi, nasdaq, fibonacci, ema, recovery, support, resistance, tradingview, technical analysis, price action, business, finance
- Source: TradingView — https://tradingview.com/chart/UFPI/bh7YkUe6-UFPI-daily-79-530-closing-reclaim-before-the-falling-55-EMA
- Published: 2026-10-20T18:31:35+00:00
- Read time: 1 min
- Topics: ufpi, nasdaq, fibonacci, ema, recovery, support, resistance, tradingview, technical analysis, price action, business, finance
## Daily Close Analysis
UFPI daily candle closed above 79.530 but remains unfinished.
## Current Price Range
Traded from 78.490 open to 79.740 intraday high with low of 78.315.
## Fibonacci Levels
Recent Fibonacci map uses October 6 high of 79.530 and October 12 low of 73.720.
## 55 EMA Context
Daily chart remains below falling 55 EMA at 81.331.
## RSI Status
RSI recovered to 51.93 above midpoint but does not confirm breakout.
## Recovery Requirements
Requires completed daily close above 79.530 and retention of 78.287.
## October 24 Update
UFPI closed at $81.230 after trading from $80.970 to $83.085.
## Updated Fibonacci Levels
Calculated references at 23.6%: $81.551, 38.2%: $80.054, 50%: $78.845.
## Key takeaway

UFPI reclaimed 79.530 but failed to break 55 EMA, signaling potential short-term correction.