UL SOLUTIONS INC - CLASS A (ULS) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:ULS • US9037311076
We assign a technical rating of 1 out of 10 to ULS. ULS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month ULS has a been trading in the 68.62 - 85.26 range, which is quite wide. It is currently trading near the lows of this range.
- ULS is one of the better performing stocks in the Professional Services industry, it outperforms 85% of 89 stocks in the same industry.
- ULS has an average volume of 1633230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ULS outperforms 59% of them, which is more or less in line with the market.
- 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.
ULS 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
68.65
When analyzing the support we notice one important area.
- A support zone ranging from 69.34 to 70.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 71.50 to 72.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 78.20 to 79.83. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for ULS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ULS is down. |
| ChartMill Relative Strength | 59.91 | 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 | MIXED | The current price of ULS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.06 | NEUTRAL | The RSI value for ULS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ULS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.01 | NEUTRAL | The Stochastics value for ULS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for ULS suggests some volalility. |
| Average Directional Index/ADX (14) | 34.58 | POSITIVE | The high ADX value value for ULS suggests a strong trend. |
71.49
+2.15 (+3.1%)
UL SOLUTIONS INC - CLASS A / ULS FAQ
What is the ChartMill technical rating of UL SOLUTIONS INC - CLASS A (ULS) stock?
ChartMill assigns a technical rating of 1 / 10 to ULS.
What is the trend direction for ULS stock?
The current trend direction for UL SOLUTIONS INC - CLASS A (ULS) is Bearish.
What is the RSI signal for ULS stock?
UL SOLUTIONS INC - CLASS A (ULS) has an RSI value of 41.0562. This indicates that the stock is currently neutral.
Can you provide the short term momentum for UL SOLUTIONS INC - CLASS A?
The short term momentum for UL SOLUTIONS INC - CLASS A (ULS) is negative.
Can you provide the buy/sell signal for UL SOLUTIONS INC - CLASS A?
The buy/sell signal for UL SOLUTIONS INC - CLASS A (ULS) is sell as both the short term and long term trends are negative.