|
|
|
|
Archive
- 4/26/2024 -
Sign In to see current Signals. |
Ulta Salon, Cosmetics & Fragrance Inc (ULTA) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Ulta Salon, Cosmetics & Fragrance Inc (ULTA). During the week, the ULTA dropped -7.11 points, or -1.72%, and closed at 406.39 on Friday, April 26, 2024. Weekly volume was -16% below average.
 Long-term trend: [See ULTA long-term trend chart]
A long-term downtrend had started on May 1, 2023 at 556.60 and reached 402.95 on April 26, 2024. ULTA lost 153.65 points, or 27.61%, in 51 weeks. Price is near the trend low.
 Medium-term trend: [See ULTA medium-term trend chart]
A medium-term downtrend had started on March 14, 2024 at 574.76 and reached 402.95 on April 26, 2024. ULTA lost 171.81 points, or 29.89%, in 6 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (348.67) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See ULTA weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since March 28, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See ULTA short-term trend chart]
A short-term downtrend had started on April 4, 2024 at 467.49 and reached 402.95 on April 26, 2024. ULTA lost 64.54 points, or 13.81%, in 22 days. The price is now at the 5.33% retracement level.
 Daily Technical Indicators: [See ULTA daily technical indicators chart]
Daily Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Daily MACD has bullish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Relative Strength Index help.
The daily MACD line is below its signal line since March 1, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
The distance between the Bollinger Bands is 119.20% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Discretionary |
4 |
| Industry |
Specialty Stores |
62 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
467.49 |
| High Date |
04/04/2024 |
| Low |
402.95 |
| Low Date |
04/26/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
467.49 |
| High Date |
04/04/2024 |
| Low |
402.95 |
| Low Date |
04/26/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
467.49 |
| High Date |
04/04/2024 |
| Low |
402.95 |
| Low Date |
04/26/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Resistance |
| Resistance |
350.68 |
| Support |
348.67 |
| High |
574.76 |
| High Date |
03/14/2024 |
| Low |
402.95 |
| Low Date |
04/26/2024 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
556.60 |
| High Date |
05/01/2023 |
| Low |
402.95 |
| Low Date |
04/26/2024 |
|
|