NYSE:UGP - New York Stock Exchange, Inc. - US90400P1012 - ADR - Currency: USD
Taking everything into account, UGP scores 2 out of 10 in our technical rating. UGP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
UGP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for UGP in the last couple of days, which is a good sign.
2.73
2 important support areas can be observed.
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for UGP is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UGP is neutral. |
ChartMill Relative Strength | 15.74 | NEGATIVE | UGP has a low relative strength, it was outperformed by 84.26% 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) | DOWN | MIXED | The current price of UGP is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.53 | NEUTRAL | The RSI value for UGP is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests UGP has a positive trend. |
Stochastics (14,3) | 74.78 | NEUTRAL | The Stochastics value for UGP is a neutral value. |
Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for UGP suggests some volalility. |
Average Directional Index/ADX (14) | 16.99 | NEGATIVE | The low ADX value for UGP suggests a weak or negative trend. |
3.06
-0.04 (-1.29%)