ULTRALIFE CORP (ULBI) Stock Technical Analysis
NASDAQ:ULBI - US9038991025 - Common Stock
7.21 USD
+0.55 (+8.26%)
7.3 USD
+0.09 (+1.25%)
We assign a technical rating of 1 out of 10 to ULBI. In the last year, ULBI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, ULBI is a bad performer in the overall market: 74% of all stocks are doing better.
ULBI is part of the Electrical Equipment industry. There are 93 other stocks in this industry, of which 65% are performing better than ULBI.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ULBI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ULBI is lagging the market.
In the last month ULBI has a been trading in the 6.24 - 8.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ULBI has a poor technical rating and the quality of the setup is also not perfect 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
6.44
8.76
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.66 to 6.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.50 to 6.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.22 to 7.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.67 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for ULBI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ULBI is down. |
| ChartMill Relative Strength | 26.01 | NEGATIVE | ULBI has a low relative strength, it was outperformed by 73.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ULBI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ULBI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ULBI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.5 | NEUTRAL | The RSI value for ULBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ULBI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.48 | NEUTRAL | The Stochastics value for ULBI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.41 | HIGH VOLATILITY | The high ATR as a percentage value for ULBI suggests high volalility. |
| Average Directional Index/ADX (14) | 34.17 | POSITIVE | The high ADX value value for ULBI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
7.21
+0.55 (+8.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg8.26%
1 Week10.75%
2 Weeks9.41%
1 Month-16.36%
3 Month32.05%
6 Month8.26%
12 Month-35.45%
2 Year-23.86%
3 Year44.2%
5 Year14.08%
10 Year66.13%
15 Year75.85%
Volatility
ATR(14)0.48
ATR(20)%6.41%
ATR Inc14.78%
Range Today0.53
ADR(20)0.4
ADR(20)%5.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.01
Mansfield-1.04
10 Day High7.43
10 Day Low6.43
20 Day High8.86
20 Day Low6.24
52 Week High11.48
52 Week Low4.07
CS1 End6.74
CR1 Start7.22
Volume & EV
DER(3)7.39%
DER(5)8.67%
Volume87.90K
Volume Incr21.11%
Vol(5)76.06K
Vol(50)109.63K