UNIVERSAL LOGISTICS HOLDINGS (ULH) Technical Analysis
NASDAQ:ULH • US91388P1057
Overall ULH gets a technical rating of 0 out of 10. ULH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 90% of all other stocks performed better in the past year than ULH.
- ULH is one of the lesser performing stocks in the Ground Transportation industry. 78% of 42 stocks in the same industry do better.
- ULH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ULH has a been trading in the 14.04 - 19.43 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of ULH 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
14.39
We can see 5 important resistance areas.
- A resistance zone ranging from 15.65 to 15.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 16.31 to 16.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.54 from a trend line in the daily time frame.
- Resistance @18.50 from a trend line in the daily time frame.
- Resistance @18.86 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for ULH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ULH is down. |
| ChartMill Relative Strength | 10.63 | NEGATIVE | ULH has a low relative strength, it was outperformed by 89.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ULH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ULH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ULH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.49 | NEUTRAL | The RSI value for ULH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests ULH has a negative trend. |
| Stochastics (14,3) | 21.95 | NEUTRAL | The Stochastics value for ULH is a neutral value. |
| Average True Range in percent/ATR (20) | 9.43 | HIGH VOLATILITY | The high ATR as a percentage value for ULH suggests high volalility. |
| Average Directional Index/ADX (14) | 15.92 | NEGATIVE | The low ADX value for ULH suggests a weak or negative trend. |
ULH Technicals: Chart, Performance Metrics, Trend & Indicators
14.54
-0.51 (-3.39%)
UNIVERSAL LOGISTICS HOLDINGS / ULH FAQ
What is the technical rating for ULH stock?
ChartMill assigns a technical rating of 0 / 10 to ULH.
What is the trend direction for ULH stock?
The current trend direction for UNIVERSAL LOGISTICS HOLDINGS (ULH) is Bearish.
What is the RSI signal for ULH stock?
UNIVERSAL LOGISTICS HOLDINGS (ULH) has an RSI value of 38.4933. This indicates that the stock is currently neutral.
What is the buy/sell signal for ULH stock?
The buy/sell signal for UNIVERSAL LOGISTICS HOLDINGS (ULH) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for UNIVERSAL LOGISTICS HOLDINGS (ULH) stock?
UNIVERSAL LOGISTICS HOLDINGS (ULH) has a resistance level at 15.65. Check the full technical report for our detailed analysis of ULH support and resistance levels.