ULTRAPAR PARTICPAC-SPON ADR (UGP) Technical Analysis
NYSE:UGP • US90400P1012
Current stock price
UGP Technical Rating and Analysis
Taking everything into account, UGP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UGP is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, UGP did better than 91% of all other stocks. On top of that, UGP also shows a nice and consistent pattern of rising prices.
- UGP is one of the better performing stocks in the Specialty Retail industry, it outperforms 92% of 123 stocks in the same industry.
- UGP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- UGP 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.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- UGP has an average volume of 2901240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UGP Weekly and Daily overview Charts
UGP Setup Rating and Analysis
Besides having an excellent technical rating, UGP also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 5.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UGP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
UGP Support and Resistance Analysis
3.20
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.70 to 5.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.41 from a trend line in the weekly time frame.
- Support @4.22 from a trend line in the daily time frame.
- Support @3.23 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.03 to 6.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
UGP Technical Indicator Signal Analysis
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 UGP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UGP is up. |
| ChartMill Relative Strength | 91.22 | POSITIVE | UGP has a high relative strength, it outperformed 91.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UGP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UGP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UGP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.99 | NEUTRAL | The RSI value for UGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests UGP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.3 | NEUTRAL | The Stochastics value for UGP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for UGP suggests some volalility. |
| Average Directional Index/ADX (14) | 24.02 | NEUTRAL | The ADX value for UGP suggests a possible start of a new trend. |
UGP Chart- and CandleStick Pattern Analysis
UGP Example Setup
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 |
|---|---|---|---|
| 6.11 | 5.69 | 0.42 (6.87%) | 14.55% |
| An entry @6.11. This is a Buy Stop order right above the resistance zone. | An exit @5.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.42 points, which is 6.87%. | When investing 14.55% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
UGP Technicals: Chart, Performance Metrics, Trend & Indicators
5.97
-0.02 (-0.33%)
ULTRAPAR PARTICPAC-SPON ADR / UGP TA FAQ
Can you provide the ChartMill technical rating for ULTRAPAR PARTICPAC-SPON ADR?
ChartMill assigns a technical rating of 10 / 10 to UGP.
Can you provide the trend direction for ULTRAPAR PARTICPAC-SPON ADR?
The current trend direction for ULTRAPAR PARTICPAC-SPON ADR (UGP) is Bullish.
What is the RSI signal for ULTRAPAR PARTICPAC-SPON ADR (UGP) stock?
ULTRAPAR PARTICPAC-SPON ADR (UGP) has an RSI value of 60.989. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ULTRAPAR PARTICPAC-SPON ADR?
The short term momentum for ULTRAPAR PARTICPAC-SPON ADR (UGP) is positive.
What is the buy/sell signal for UGP stock?
The buy/sell signal for ULTRAPAR PARTICPAC-SPON ADR (UGP) is buy as both the short term and long term trends are positive.