ULTA BEAUTY INC (ULTA) Stock Technical Analysis
USA - NASDAQ:ULTA - US90384S3031 - Common Stock
521.47 USD
-13.34 (-2.49%)
521.47 USD
0 (0%)
Taking everything into account, ULTA scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ULTA is only an average performer.
The long and short term trends are both positive. This is looking good!
ULTA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ULTA has a been trading in the 486.25 - 539.00 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Looking at the yearly performance, ULTA did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ULTA is an average performer in the Specialty Retail industry, it outperforms 69% of 121 stocks in the same industry.
ULTA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 516.02, a Stop Loss order could be placed below this zone.
More info and screens
369.90
540.17
3 important support areas can be observed.
- A support zone ranging from 511.27 to 516.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 492.72 to 500.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @373.64 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 522.20 to 534.82. 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 ULTA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ULTA is up. |
| ChartMill Relative Strength | 77.61 | POSITIVE | ULTA has a high relative strength, it outperformed 77.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ULTA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ULTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ULTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.82 | NEUTRAL | The RSI value for ULTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests ULTA has a negative trend. |
| Stochastics (14,3) | 79.83 | NEUTRAL | The Stochastics value for ULTA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for ULTA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.94 | NEUTRAL | The ADX value for ULTA 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 |
|---|---|---|---|
| 534.83 | 511.26 | 23.57 (4.41%) | 22.69% |
| An entry @534.83. This is a Buy Stop order right above the resistance zone. | An exit @511.26. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 23.57 points, which is 4.41%. | When investing 22.69% 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.
521.47
-13.34 (-2.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-2.49%
1 Week1.33%
2 Weeks1.28%
1 Month0.25%
3 Month10.05%
6 Month48.75%
12 Month29.72%
2 Year30.55%
3 Year29.98%
5 Year132.82%
10 Year219.23%
15 Year1685.86%
Volatility
ATR(14)14.7
ATR(20)%2.93%
ATR Inc-26.39%
Range Today15.6
ADR(20)14.88
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.61
Mansfield1.14
10 Day High538.38
10 Day Low505.65
20 Day High539
20 Day Low486.25
52 Week High539
52 Week Low309.01
CS1 End516.02
CR1 Start522.2
Volume & EV
DER(3)0.39%
DER(5)0.95%
Volume1.15M
Volume Incr-27.47%
Vol(5)656.06K
Vol(50)712.02K