ULTRA CLEAN HOLDINGS INC (UCTT) Technical Analysis
NASDAQ:UCTT • US90385V1070
Taking everything into account, UCTT scores 8 out of 10 in our technical rating. 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.
- In the last month UCTT has a been trading in the 45.20 - 73.80 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- UCTT is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. UCTT outperforms 90% of them.
- UCTT has an average volume of 1430660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, UCTT did better than 96% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- UCTT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UCTT is lagging the market slightly.
Although UCTT has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.41
3 important support areas can be observed.
- Support @31.20 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.
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 | NEUTRAL | NEUTRAL | The short term trend for UCTT is neutral. |
| ChartMill Relative Strength | 96.58 | POSITIVE | UCTT has a high relative strength, it outperformed 96.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UCTT is below 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) | 45.37 | NEUTRAL | The RSI value for UCTT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.62 | NEGATIVE | The MACD value suggests UCTT has a negative trend. |
| Stochastics (14,3) | 17.4 | OVERSOLD | The low Stochastics value suggests UCTT may be oversold. |
| Average True Range in percent/ATR (20) | 10.18 | HIGH VOLATILITY | The high ATR as a percentage value for UCTT suggests high volalility. |
| Average Directional Index/ADX (14) | 42.33 | POSITIVE | The high ADX value value for UCTT suggests a strong trend. |
UCTT Technicals: Chart, Performance Metrics, Trend & Indicators
50.56
-5.23 (-9.37%)
ULTRA CLEAN HOLDINGS INC / UCTT FAQ
What is the technical rating for UCTT stock?
ChartMill assigns a technical rating of 8 / 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 45.367. 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 -1.62237, 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 31.2. Check the full technical report for our detailed analysis of UCTT support and resistance levels.