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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)

Showing technical analysis as on 2022-05-11 View latest technical analysis

10 day averaged volume of Ultracab is 578262

Date Daily Closing Price Open High Low Volume
11 Wed May 2022 25.20 25.10 26.70 24.25 5.436 times
10 Tue May 2022 25.35 25.90 26.40 24.65 0.112 times
09 Mon May 2022 25.35 25.15 26.95 25.00 0.163 times
06 Fri May 2022 25.90 26.05 26.15 25.25 0.114 times
05 Thu May 2022 26.55 26.00 27.40 25.00 0.289 times
04 Wed May 2022 26.55 27.60 27.60 26.00 0.306 times
02 Mon May 2022 26.60 26.30 27.40 26.30 0.514 times
29 Fri Apr 2022 26.70 28.00 28.05 26.55 0.507 times
28 Thu Apr 2022 27.50 28.00 28.35 27.25 0.796 times
27 Wed Apr 2022 28.15 28.20 29.00 27.25 3.797 times

Stock of Ultracab (Ultracab) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26, but if it comes above 26, then a intra day buy could be more profitable.
If you take a sell trade below 26, then use 26 as stoploss and 24.6 as target. However if you take a buy trade in stock , then use 26 as stoploss and 27.24 as target.

Share price targets for Ultracab (Ultracab)

Target Type Value
Downside Target 23.10
Downside Target 24.25
Upside Target 26.10
Upside Target 27.60
Upside Target 29.00
Upside Target 30.60
Upside Target 33.90
Upside Target 168.80
Upside Target 182.15
Upside Target 192.50
Upside Target 231.00
Upside Target 239.00

Intraday share price targets for Ultracab (Ultracab)

Target Type Value
Downside Intraday Target 23.98
Downside Intraday Target 22.77
Upside Intraday Target 26.68
Upside Intraday Target 28.17
Upside Intraday Target 25.47

Weekly technical analysis of Ultracab (Ultracab)

Date Weekly Closing Price Open High Low Volume
11 Wed May 2022 25.20 25.15 26.95 24.25 4.669 times
06 Fri May 2022 25.90 26.30 27.60 25.00 0.1 times
29 Fri Apr 2022 26.70 26.40 29.00 26.10 6.489 times
22 Fri Apr 2022 26.85 28.45 29.50 26.55 2.586 times
13 Wed Apr 2022 28.00 30.20 30.60 27.75 0.196 times

Price has moved down 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
11 Wed May 2022 25.20 26.30 27.60 24.25 0.373 times
29 Fri Apr 2022 26.70 24.60 33.90 24.60 3.173 times
31 Thu Mar 2022 25.55 198.00 239.00 23.10 7.176 times
28 Mon Feb 2022 198.75 190.60 231.00 182.15 0.81 times

Scroll below to view daily charts

Price has moved down 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 11, 24, 38 Sell
MACD -23, -26Buy
Stochastics 15Sell
CCI -97Sell
RSI 54Buy
OBV -2546131Sell
VWAP 26Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

Price action analysis of Ultracab ( (Ultracab) ) based on a short 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 short 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Ultracab stock for short term is SELL. Signal strength is Strong and stock is gaining 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 LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!

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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 26.48 and Ultracab (Ultracab) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Ultracab Stock has given negative 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.

Click here for Ultracab charts

Click here for further forecast and predictions for tomorrow

Daily charts

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