UL SOLUTIONS INC - CLASS A (ULS) Stock Technical Analysis
NYSE:ULS - New York Stock Exchange, Inc. - US9037311076 - Common Stock - Currency: USD
Taking everything into account, ULS scores 2 out of 10 in our technical rating. In the last year, ULS was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month ULS has a been trading in the 61.95 - 74.15 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.
ULS is one of the better performing stocks in the Professional Services industry, it outperforms 82% of 82 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, ULS turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
ULS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ULS is lagging the market.
The technical rating of ULS 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
49.41
73.90
We found 2 important support areas.
- Support @64.63 from a horizontal line in the daily time frame.
- Support @49.91 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 70.00 to 70.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 72.76 to 73.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ULS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ULS is down. |
| ChartMill Relative Strength | 69.76 | NEUTRAL | ULS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ULS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ULS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ULS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.29 | NEUTRAL | The RSI value for ULS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests ULS has a negative trend. |
| Stochastics (14,3) | 27.81 | NEUTRAL | The Stochastics value for ULS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for ULS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for ULS suggests a possible start of a new 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)
65.97
+0.54 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.83%
1 Week-9.78%
2 Weeks-6.61%
1 Month-7.7%
3 Month-5.99%
6 Month22.44%
12 Month31.39%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.33
ATR(20)%3.12%
ATR Inc33.54%
Range Today1.68
ADR(20)1.99
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.76
Mansfield0.6
10 Day High74.15
10 Day Low61.95
20 Day High74.15
20 Day Low61.95
52 Week High74.15
52 Week Low46.79
CS1 End64.63
CR1 Start70
Volume & EV
DER(3)-2.27%
DER(5)-1.29%
Volume1.35M
Volume Incr189.24%
Vol(5)1.69M
Vol(50)766.61K