We assign a technical rating of 1 out of 10 to ULBI. ULBI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ULBI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.63, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ULBI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.12
We found 3 important support areas.
- A support zone ranging from 5.55 to 5.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.36 from a trend line in the weekly time frame.
- A support zone ranging from 5.17 to 5.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 5.80 to 5.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.14 to 6.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.21 from a horizontal line in the daily time frame.
- Resistance @7.70 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for ULBI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ULBI is neutral. |
| ChartMill Relative Strength | 15.46 | NEGATIVE | ULBI has a low relative strength, it was outperformed by 84.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ULBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ULBI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ULBI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.79 | NEUTRAL | The RSI value for ULBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ULBI has a positive trend. |
| Stochastics (14,3) | 59.7 | NEUTRAL | The Stochastics value for ULBI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for ULBI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.83 | NEGATIVE | The low ADX value for ULBI suggests a weak or negative trend. |
5.79
+0.04 (+0.7%)
ULTRALIFE CORP / ULBI FAQ
What is the ChartMill technical rating of ULTRALIFE CORP (ULBI) stock?
ChartMill assigns a technical rating of 1 / 10 to ULBI.
Can you provide the trend direction for ULTRALIFE CORP?
The current trend direction for ULTRALIFE CORP (ULBI) is Bearish.
Can you provide the RSI signal for ULTRALIFE CORP?
ULTRALIFE CORP (ULBI) has an RSI value of 49.7916. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ULTRALIFE CORP?
The short term momentum for ULTRALIFE CORP (ULBI) is neutral.