UL SOLUTIONS INC - CLASS A (ULS) Stock Technical Analysis
USA - NYSE:ULS - US9037311076 - Common Stock
Taking everything into account, ULS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ULS is showing a nice and steady performance.
Besides having an excellent technical rating, ULS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 86.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 85.82, a Stop Loss order could be placed below this zone.
More info and screens
67.04
We found 5 important support areas.
- A support zone ranging from 84.03 to 85.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @82.31 from a trend line in the daily time frame.
- Support @72.79 from a horizontal line in the daily time frame.
- Support @69.86 from a horizontal line in the daily time frame.
- A support zone ranging from 67.72 to 68.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 86.49 to 87.72. 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 | UP | POSITIVE | The long term trend for ULS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ULS is up. |
| ChartMill Relative Strength | 93.81 | POSITIVE | ULS has a high relative strength, it outperformed 93.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ULS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ULS is above the rising 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) | 61.48 | NEUTRAL | The RSI value for ULS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests ULS has a negative trend. |
| Stochastics (14,3) | 64.51 | NEUTRAL | The Stochastics value for ULS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for ULS suggests some volalility. |
| Average Directional Index/ADX (14) | 45.94 | POSITIVE | The high ADX value value for ULS suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 87.73 | 84.16 | 3.57 (4.07%) | 24.57% |
| An entry @87.73. This is a Buy Stop order right above the resistance zone. | An exit @84.16. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.57 points, which is 4.07%. | When investing 24.57% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ULS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
85.83
-0.79 (-0.91%)
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 10 / 10 to ULS.
What is the current trend direction of UL SOLUTIONS INC - CLASS A (ULS) stock?
The current trend direction for UL SOLUTIONS INC - CLASS A (ULS) is Bullish.
What is the RSI signal for UL SOLUTIONS INC - CLASS A (ULS) stock?
UL SOLUTIONS INC - CLASS A (ULS) has an RSI value of 61.4815. This indicates that the stock is currently neutral.
What is the short term momentum for UL SOLUTIONS INC - CLASS A (ULS) stock?
The short term momentum for UL SOLUTIONS INC - CLASS A (ULS) is positive.
What is the buy/sell signal for UL SOLUTIONS INC - CLASS A (ULS) stock?
The buy/sell signal for UL SOLUTIONS INC - CLASS A (ULS) is buy as both the short term and long term trends are positive.