We assign a technical rating of 9 out of 10 to UCTT. Both in the recent history as in the last year, UCTT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- UCTT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so UCTT is lagging the market slightly.
- In the last month UCTT has a been trading in the 31.17 - 48.66 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that UCTT is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- UCTT is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 67% of 113 stocks in the same industry.
Besides having an excellent technical rating, UCTT also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 43.48, a Stop Loss order could be placed below this zone.
More info and screens
21.41
When analyzing the support we can see 6 important areas.
- A support zone ranging from 42.57 to 43.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.51 from a trend line in the daily time frame.
- Support @23.60 from a trend line in the weekly time frame.
- Support @22.74 from a trend line in the daily time frame.
- Support @22.30 from a horizontal line in the weekly time frame.
- Support @21.63 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @43.87 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 47.20 to 47.50. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for UCTT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UCTT is up. |
| ChartMill Relative Strength | 92.07 | POSITIVE | UCTT has a high relative strength, it outperformed 92.07% 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) | UP | POSITIVE | The current price of UCTT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.04 | NEUTRAL | The RSI value for UCTT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests UCTT has a negative trend. |
| Stochastics (14,3) | 39.02 | NEUTRAL | The Stochastics value for UCTT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.11 | HIGH VOLATILITY | The high ATR as a percentage value for UCTT suggests high volalility. |
| Average Directional Index/ADX (14) | 47.26 | POSITIVE | The high ADX value value for UCTT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.88 | 42.56 | 1.32 (3.01%) | 25.00% |
| An entry @43.88. This is a Buy Stop order right above the resistance zone. | An exit @42.56. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.32 points, which is 3.01%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- The distance between exit and entry is rather small compared to the average daily movement of UCTT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
43.86
+0.88 (+2.05%)
ULTRA CLEAN HOLDINGS INC / UCTT FAQ
What is the technical rating for UCTT stock?
ChartMill assigns a technical rating of 9 / 10 to UCTT.
What is the current trend direction of ULTRA CLEAN HOLDINGS INC (UCTT) stock?
The current trend direction for ULTRA CLEAN HOLDINGS INC (UCTT) is Bullish.
What is the RSI signal for ULTRA CLEAN HOLDINGS INC (UCTT) stock?
ULTRA CLEAN HOLDINGS INC (UCTT) has an RSI value of 60.038. This indicates that the stock is currently neutral.
What is the MACD signal for ULTRA CLEAN HOLDINGS INC (UCTT) stock?
The MACD indicator for ULTRA CLEAN HOLDINGS INC (UCTT) has a value of -0.563658, indicating a bearish trend.
What are the support and resistance levels for ULTRA CLEAN HOLDINGS INC (UCTT) stock?
ULTRA CLEAN HOLDINGS INC (UCTT) has a support level at 43.48 and a resistance level at 43.87. Check the full technical report for our detailed analysis of UCTT support and resistance levels.