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(Ultracab) Ultracab complete technical analysis [charts+indicators] | Buy/Sell Ultracab | (Ultracab) share price targets

Complete technical analysis of Ultracab (Ultracab) by charts plus indicators, forecast predictions and share price targets for Ultracab (Ultracab)

10 day averaged volume of Ultracab is 133322

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 15.23 14.73 15.89 14.73 1.961 times
15 Wed May 2024 15.50 15.50 15.50 15.20 1.956 times
14 Tue May 2024 14.77 14.77 14.77 14.70 0.596 times
13 Mon May 2024 14.07 13.40 14.07 13.15 1.308 times
10 Fri May 2024 13.40 13.67 13.67 13.40 0.68 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 15.1, but if it comes below 15.1, then a intra day sell could be more profitable.
If you take a sell trade below 15.1, then use 15.1 as stoploss and 14.54 as target. However if you take a buy trade in stock , then use 15.1 as stoploss and 15.8 as target.

Share price targets for Ultracab (Ultracab)

Target Type Value
Downside Target 12.32
Downside Target 12.60
Downside Target 13.15
Downside Target 13.86
Downside Target 14.41
Downside Target 15.19
Upside Target 15.81
Upside Target 15.89
Upside Target 17.40
Upside Target 18.09
Upside Target 18.40
Upside Target 21.05
Upside Target 28.50

Intraday share price targets for Ultracab (Ultracab)

Target Type Value
Downside Intraday Target 13.62
Downside Intraday Target 12.02
Upside Intraday Target 16.36
Upside Intraday Target 17.5
Downside Intraday Target 14.76

Weekly technical analysis of Ultracab (Ultracab)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 15.23 13.40 15.89 13.15 1.98 times
10 Fri May 2024 13.40 14.66 14.66 13.40 0.394 times
03 Fri May 2024 14.80 15.49 15.49 14.80 1.938 times
26 Fri Apr 2024 15.19 14.05 15.19 14.05 1.054 times
19 Fri Apr 2024 14.05 14.41 14.41 13.86 0.602 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ultracab (Ultracab)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 15.23 15.00 15.89 13.15 0.581 times
30 Tue Apr 2024 15.18 12.60 15.81 12.60 0.247 times
28 Thu Mar 2024 12.40 17.70 18.09 12.32 1.054 times
29 Thu Feb 2024 17.54 20.29 21.05 17.40 0.383 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ultracab (Ultracab)

Indicator Name Indicator Value Indicator Signal
ADX 41, 35, 8 Buy
MACD -0, -1Buy
Stochastics 85Buy
CCI 103Sell
RSI 61Buy
OBV -328944Sell
VWAP 15Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Ultracab ( (Ultracab) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ultracab ( (Ultracab) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Ultracab ( (Ultracab) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ultracab ( (Ultracab) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ultracab stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Ultracab in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ultracab Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Ultracab in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Ultracab is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 14.65 and Ultracab (Ultracab) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ultracab (Ultracab) stock. Volume based technical analysis of Ultracab (Ultracab) stock is negative.

Ultracab Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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