ULTA BEAUTY INC (ULTA) Stock Technical Analysis
USA - NASDAQ:ULTA - US90384S3031 - Common Stock
Overall ULTA gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
ULTA has only a medium technical rating, but it does show 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 516.65, a Stop Loss order could be placed below this zone.
More info and screens
376.06
2 important support areas can be observed.
- A support zone ranging from 498.21 to 516.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @379.86 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 549.98 to 556.46. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @566.92 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for ULTA is down. |
| ChartMill Relative Strength | 83.55 | POSITIVE | ULTA has a high relative strength, it outperformed 83.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ULTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ULTA is below a declining 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) | 42.98 | NEUTRAL | The RSI value for ULTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.72 | NEGATIVE | The MACD value suggests ULTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.68 | NEUTRAL | The Stochastics value for ULTA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for ULTA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.5 | POSITIVE | The high ADX value value for ULTA suggests a strong trend. |
516.66
-0.77 (-0.15%)
ULTA BEAUTY INC / ULTA FAQ
Can you provide the ChartMill technical rating for ULTA BEAUTY INC?
ChartMill assigns a technical rating of 5 / 10 to ULTA.
What is the trend direction for ULTA stock?
The current trend direction for ULTA BEAUTY INC (ULTA) is Bullish.
Can you provide the RSI signal for ULTA BEAUTY INC?
ULTA BEAUTY INC (ULTA) has an RSI value of 42.9841. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ULTA BEAUTY INC?
The MACD indicator for ULTA BEAUTY INC (ULTA) has a value of -1.72423, indicating a bearish trend.
What is the short term momentum for ULTA stock?
The short term momentum for ULTA BEAUTY INC (ULTA) is negative.