ULTRAPAR PARTICPAC-SPON ADR (UGP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:UGP - US90400P1012 - ADR
We assign a technical rating of 5 out of 10 to UGP. In the last year, UGP was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
UGP has an average technical rating and also the quality of the setup is only medium 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.
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2.73
5 important support areas can be observed.
- A support zone ranging from 3.62 to 3.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.18 from a horizontal line in the daily time frame.
- Support @3.06 from a trend line in the weekly time frame.
- Support @2.95 from a trend line in the daily time frame.
- Support @2.76 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.97 to 3.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.14 to 4.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 4.36 to 4.37. 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 UGP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UGP is down. |
| ChartMill Relative Strength | 87.01 | POSITIVE | UGP has a high relative strength, it outperformed 87.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UGP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UGP is below a declining 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) | 46.35 | NEUTRAL | The RSI value for UGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests UGP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.28 | NEUTRAL | The Stochastics value for UGP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for UGP suggests some volalility. |
| Average Directional Index/ADX (14) | 16.65 | NEGATIVE | The low ADX value for UGP suggests a weak or negative trend. |
3.8
+0.08 (+2.15%)
ULTRAPAR PARTICPAC-SPON ADR / UGP FAQ
Can you provide the ChartMill technical rating for ULTRAPAR PARTICPAC-SPON ADR?
ChartMill assigns a technical rating of 5 / 10 to UGP.
What is the current trend direction of ULTRAPAR PARTICPAC-SPON ADR (UGP) stock?
The current trend direction for ULTRAPAR PARTICPAC-SPON ADR (UGP) is Bullish.
What is the RSI signal for UGP stock?
ULTRAPAR PARTICPAC-SPON ADR (UGP) has an RSI value of 46.3547. This indicates that the stock is currently neutral.
What is the buy/sell signal for ULTRAPAR PARTICPAC-SPON ADR (UGP) stock?
The buy/sell signal for ULTRAPAR PARTICPAC-SPON ADR (UGP) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for ULTRAPAR PARTICPAC-SPON ADR (UGP) stock?
ULTRAPAR PARTICPAC-SPON ADR (UGP) has a support level at 3.74 and a resistance level at 3.97. Check the full technical report for our detailed analysis of UGP support and resistance levels.