YIELDMAX ULTRA OPTION INC (ULTY) Stock Technical Analysis
USA - NYSEARCA:ULTY - US88636J5276 - ETF
We assign a technical rating of 0 out of 10 to ULTY. ULTY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ULTY is bad and it also does not present a quality setup 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.
More info and screens
5.03
We can see 5 important resistance areas.
- A resistance zone ranging from 5.31 to 5.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.68 to 5.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.80 from a horizontal line in the daily time frame.
- Resistance @6.05 from a trend line in the daily time frame.
- A resistance zone ranging from 6.24 to 6.36. 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 | DOWN | NEGATIVE | The long term trend for ULTY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ULTY is down. |
| ChartMill Relative Strength | 5.85 | NEGATIVE | ULTY has a low relative strength, it was outperformed by 94.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ULTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ULTY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ULTY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.07 | NEUTRAL | The RSI value for ULTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ULTY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.76 | NEUTRAL | The Stochastics value for ULTY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for ULTY suggests some volalility. |
| Average Directional Index/ADX (14) | 52.15 | POSITIVE | The high ADX value value for ULTY suggests a strong trend. |
5.08
+0.04 (+0.79%)
YIELDMAX ULTRA OPTION INC / ULTY FAQ
What is the technical rating for ULTY stock?
ChartMill assigns a technical rating of 0 / 10 to ULTY.
What is the trend direction for ULTY stock?
The current trend direction for YIELDMAX ULTRA OPTION INC (ULTY) is Bearish.
What is the RSI signal for ULTY stock?
YIELDMAX ULTRA OPTION INC (ULTY) has an RSI value of 35.0686. This indicates that the stock is currently neutral.
What is the short term momentum for YIELDMAX ULTRA OPTION INC (ULTY) stock?
The short term momentum for YIELDMAX ULTRA OPTION INC (ULTY) is negative.
What is the buy/sell signal for YIELDMAX ULTRA OPTION INC (ULTY) stock?
The buy/sell signal for YIELDMAX ULTRA OPTION INC (ULTY) is sell as both the short term and long term trends are negative.