ULTRA CLEAN HOLDINGS INC (UCTT) Stock Technical Analysis
NASDAQ:UCTT - Nasdaq - US90385V1070 - Common Stock - Currency: USD
Overall UCTT gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. UCTT was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, UCTT is a bad performer in the overall market: 89% of all stocks are doing better.
UCTT is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 88% are performing better than UCTT.
UCTT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
UCTT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Although the technical rating is only medium, UCTT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 25.26. Right above this resistance zone may be a good entry point.
More info and screens
19.99
39.23
3 important support areas can be observed.
- A support zone ranging from 24.14 to 24.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @20.56 from a trend line in the daily time frame.
- Support @20.19 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 25.26 to 25.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.27 from a trend line in the weekly time frame.
- Resistance @37.12 from a trend line in the daily time frame.
- Resistance @38.84 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for UCTT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UCTT is up. |
| ChartMill Relative Strength | 11.92 | NEGATIVE | UCTT has a low relative strength, it was outperformed by 88.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UCTT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UCTT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UCTT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.62 | NEUTRAL | The RSI value for UCTT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests UCTT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.84 | OVERBOUGHT | The high Stochastics value suggests UCTT may be overbought. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for UCTT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.77 | NEUTRAL | The ADX value for UCTT suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
24.95
-0.07 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.28%
1 Week-1.23%
2 Weeks10.3%
1 Month15.67%
3 Month25.69%
6 Month-32.84%
12 Month-53.75%
2 Year-34.51%
3 Year-25.74%
5 Year-17.08%
10 Year229.16%
15 Year130.38%
Volatility
ATR(14)1.1
ATR(20)%4.15%
ATR Inc-38.96%
Range Today0.6
ADR(20)0.97
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.92
Mansfield-2.67
10 Day High25.82
10 Day Low22
20 Day High25.82
20 Day Low19.51
52 Week High56.47
52 Week Low16.66
CS1 End24.3
CR1 Start25.26
Volume & EV
DER(3)1.22%
DER(5)-1.21%
Volume254.70K
Volume Incr-22.01%
Vol(5)484.60K
Vol(50)557.08K