ULTRALIFE CORP (ULBI) Stock Technical Analysis
USA - NASDAQ:ULBI - US9038991025 - Common Stock
Taking everything into account, ULBI scores 0 out of 10 in our technical rating. ULBI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ULBI is bad and it also does not present a 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
5.47
We found 1 important support area.
- A support zone ranging from 5.53 to 5.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.67 to 6.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.21 from a horizontal line in the daily time frame.
- Resistance @7.93 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 | DOWN | NEGATIVE | The long term trend for ULBI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ULBI is down. |
| ChartMill Relative Strength | 13.81 | NEGATIVE | ULBI has a low relative strength, it was outperformed by 86.19% 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 | NEGATIVE | The current price of ULBI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.86 | OVERSOLD | The low RSI value suggests ULBI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests ULBI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.17 | OVERSOLD | The low Stochastics value suggests ULBI may be oversold. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for ULBI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.95 | NEUTRAL | The ADX value for ULBI suggests a possible start of a new trend. |
5.54
-0.02 (-0.36%)
ULTRALIFE CORP / ULBI FAQ
What is the ChartMill technical rating of ULTRALIFE CORP (ULBI) stock?
ChartMill assigns a technical rating of 0 / 10 to ULBI.
Can you provide the trend direction for ULTRALIFE CORP?
The current trend direction for ULTRALIFE CORP (ULBI) is Bearish.
Can you provide the RSI signal for ULTRALIFE CORP?
ULTRALIFE CORP (ULBI) has an RSI value of 29.8606. This indicates that the stock is currently oversold.
Can you provide the short term momentum for ULTRALIFE CORP?
The short term momentum for ULTRALIFE CORP (ULBI) is negative.
What is the buy/sell signal for ULBI stock?
The buy/sell signal for ULTRALIFE CORP (ULBI) is sell as both the short term and long term trends are negative.