Ultra Lithium Inc. (ULI.CA) Technical Analysis
TSX-V:ULI
Current stock price
ULI.CA Technical Rating and Analysis
Taking everything into account, ULI scores 0 out of 10 in our technical rating. ULI'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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 79% of all other stocks performed better in the past year than ULI.
- ULI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Warning: ULI has an average volume of 13270 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ULI has a been trading in the 0.06 - 0.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ULI.CA Weekly and Daily overview Charts
ULI.CA Setup Rating and Analysis
The technical rating of ULI 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
ULI.CA Support and Resistance Analysis
0.07
We found 1 important support area.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.10 from a horizontal line in the daily time frame.
- Resistance @0.12 from a trend line in the weekly time frame.
- Resistance @0.13 from a trend line in the weekly time frame.
ULI.CA Technical Indicator Signal Analysis
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 ULI.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ULI.CA is neutral. |
| ChartMill Relative Strength | 21.33 | NEGATIVE | ULI.CA has a low relative strength, it was outperformed by 78.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ULI.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ULI.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ULI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.91 | NEUTRAL | The RSI value for ULI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ULI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.81 | NEUTRAL | The Stochastics value for ULI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.25 | HIGH VOLATILITY | The high ATR as a percentage value for ULI.CA suggests high volalility. |
ULI.CA Chart- and CandleStick Pattern Analysis
ULI.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:ULI (11/25/2019, 11:36:06 AM)
0.08
+0.02 (+23.08%)
Ultra Lithium Inc. / ULI.CA TA FAQ
What is the ChartMill technical rating of Ultra Lithium Inc. (ULI.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to ULI.CA.
Can you provide the trend direction for Ultra Lithium Inc.?
The current trend direction for Ultra Lithium Inc. (ULI.CA) is Bearish.
Can you provide the RSI signal for Ultra Lithium Inc.?
Ultra Lithium Inc. (ULI.CA) has an RSI value of 50.9098. This indicates that the stock is currently neutral.
What is the MACD signal for ULI stock?
The MACD indicator for Ultra Lithium Inc. (ULI.CA) has a value of -0.000261259, indicating a bearish trend.
Can you provide the support and resistance levels for Ultra Lithium Inc.?
Ultra Lithium Inc. (ULI.CA) has a support level at 0.07 and a resistance level at 0.08. Check the full technical report for our detailed analysis of ULI.CA support and resistance levels.