UL SOLUTIONS INC - CLASS A (ULS) Stock Technical Analysis
NYSE:ULS - New York Stock Exchange, Inc. - US9037311076 - Common Stock - Currency: USD
Overall ULS gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ULS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ULS is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by ULS over the past year are nicely spread over this period.
ULS is one of the better performing stocks in the Professional Services industry, it outperforms 96% of 81 stocks in the same industry.
ULS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ULS is leading the market.
ULS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ULS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 72.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 70.63, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ULS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
48.02
73.52
When analyzing the support we can see 5 important areas.
- A support zone ranging from 69.86 to 70.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 56.81 to 57.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.25 from a trend line in the daily time frame.
- Support @49.91 from a horizontal line in the daily time frame.
- Support @48.50 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 72.76 to 72.79. 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 | 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 | 94.5 | POSITIVE | ULS has a high relative strength, it outperformed 94.5% off all stocks 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) | 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) | 56.22 | NEUTRAL | The RSI value for ULS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests ULS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.78 | NEUTRAL | The Stochastics value for ULS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for ULS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.92 | 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)
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 |
|---|---|---|---|
| 72.80 | 69.85 | 2.95 (4.05%) | 24.68% |
| An entry @72.80. This is a Buy Stop order right above the resistance zone. | An exit @69.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.95 points, which is 4.05%. | When investing 24.68% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
70.64
-0.88 (-1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.23%
1 Week0.71%
2 Weeks0.77%
1 Month-2.95%
3 Month32.04%
6 Month38.81%
12 Month68.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.54
ATR(20)%2.05%
ATR Inc9.04%
Range Today1
ADR(20)1.43
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.5
Mansfield2.5
10 Day High72.42
10 Day Low69.71
20 Day High72.8
20 Day Low68.32
52 Week High72.81
52 Week Low39.86
CS1 End70.63
CR1 Start72.76
Volume & EV
DER(3)1.38%
DER(5)3.32%
Volume381.50K
Volume Incr-30.22%
Vol(5)438.88K
Vol(50)956.16K