The Greedy Trader Weekly Analysis
Sign In Apr 12, 2024
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 4/5/2024 -
Sign In to see current Signals.

Ulta Salon, Cosmetics & Fragrance Inc (ULTA) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Weekly  MACD line has moved below its signal line
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageWilliams' Percentage Range is oversoldThe period of high volatility of the stock price
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 -78.13 points, or -14.94%, and closed at 444.75 on Friday, April 5, 2024. Weekly volume was 145% above 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 438.67 on April 3, 2024. ULTA lost 117.93 points, or 21.19%, in 48 weeks. The price is now at the 5.16% retracement level.

Medium-term trend: [See ULTA medium-term trend chart]
A medium-term downtrend had started on March 14, 2024 at 574.76 and reached 438.67 on April 3, 2024. ULTA lost 136.09 points, or 23.68%, in 2 weeks. Price is near the trend low.

Weekly Technical Indicators: [See ULTA weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 March 18, 2024 at 544.36 and reached 438.67 on April 3, 2024. ULTA lost 105.69 points, or 19.42%, in 16 days. The price is now at the 5.75% retracement level.

Daily Technical Indicators: [See ULTA daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold 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 link to access Williams' Percentage Range 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 near its high and getting bigger. It indicates that the current short-term downtrend is strong.

The distance between the Bollinger Bands is 146.94% 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.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 20.96
Williams' Percentage Range (W%R) 93.70
Strong Oversold
Lane's Stochastic (%D-Slow) 30.37
Greed/Fear Indicator (GFI) 19.21
Oversold
Moving Average Converg./Diverg. (MACD) -8.04
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.04
Williams' Percentage Range (W%R) 67.20
Lane's Stochastic (%D-Slow) 58.01
Greed/Fear Indicator (GFI) 45.22
Moving Average Converg./Diverg. (MACD) 21.98
Trading Signals
Description Value Chart
Upper Bollinger Band 578.45
50 Day Moving Average 524.84
20 Day Moving Average 519.03
Parabolic System 516.12
Weekly Stochastic Crossing 508.40
Daily Stochastic Crossing 455.06
Price 444.75
Lower Bollinger Band 437.57
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 7
Industry Specialty Stores 77
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 544.36
High Date 03/18/2024
Low 438.67
Low Date 04/03/2024
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 544.36
High Date 03/18/2024
Low 438.67
Low Date 04/03/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 544.36
High Date 03/18/2024
Low 438.67
Low Date 04/03/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 574.76
High Date 03/14/2024
Low 438.67
Low Date 04/03/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 556.60
High Date 05/01/2023
Low 438.67
Low Date 04/03/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.