NASDAQ:ULTA - Nasdaq - US90384S3031 - Common Stock - Currency: USD
Overall ULTA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ULTA is showing a nice and steady performance.
Although ULTA has an excellent technical rating, the quality of the presented setup is not ideal 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.
363.76
3 important support areas can be observed.
We found 1 important resistance area.
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 | 89.71 | POSITIVE | ULTA has a high relative strength, it outperformed 89.71% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ULTA is above 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) | 72.37 | OVERBOUGHT | The high RSI value suggests ULTA may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.97 | POSITIVE | The MACD value suggests ULTA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 92.77 | OVERBOUGHT | The high Stochastics value suggests ULTA may be overbought. |
Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for ULTA suggests low volalility. |
Average Directional Index/ADX (14) | 45.59 | POSITIVE | The high ADX value value for ULTA suggests a strong trend. |
513.63
-5.64 (-1.09%)