Ultra Clean Technical Analysis (NASDAQ:UCTT)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Ultra Clean stock price data and volume are plotted in UCTT stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Ultra Clean. The technical analysis form of Ultra Clean stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Ultra Clean Moving Average
Moving averages show the average price of UCTT stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Ultra Clean are mostly signals of long term trends and will help long term traders.
Ultra Clean Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the UCTT stock. Currently the stock price of $20.34 is in the upper range of Ultra Clean bollinger bands.
Ultra Clean Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Ultra Clean MACD indicator is below 0 indicating a bearish trend.
Ultra Clean Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 61.07 is the RSI value of UCTT stock.