Stronger Sell Today ULH ranks #3588 as SELL CANDIDATE #3588 Weaker Sell

ULH stock forecast Universal Logistics Holdings, Inc

ULH stock forecast

Thursday May 23, 2019 Change -3.43% Price $20.84
Chart period: 2019-02-25 - 2019-05-23
VOLUME
Buy
TREND
Buy
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will ULH stock price go up or down on Tue, 28 May 2019?

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Universal Logistics Holdings, Inc Forecast and Stock Analysis

Technical ULH stock analysis for Thursday May 23, 2019.

Sell candidate since 2019-05-17 Loss -3.07%
Shorts n/a
Insider % 48.60%
Institutional % 41.50%
Beta 1.22
ROA 7.46%
Price to book USD 2.82
P/E Ratio 10.03
Next Earnings Date 2019-07-29


Universal Logistics Holdings, Inc fell by -3.43% in the last day ( Thursday, 23rd May 2019 ) from $21.58 to $20.84 and has now fallen 3 days in a row. During day the stock fluctuated 3.73% from a day low at $20.67 to a day high of $21.44. The price has fallen in 6 of the last 10 days and is down by -10.56% for this period. Volume has increased in the last day by 5 047 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 75 802 shares bought and sold for approximately $1.58 million.

Quick summary:

  • 30 day high of the ULH stock price was $25.15 and low was $20.67.
  • 90 day high was $25.15 and low was $18.34.
  • 52 week high for the Universal Logistics Holdings, Inc - $37.68 and low - $17.40.

Trend

Universal Logistics Holdings, Inc lies in the lower part of a very wide and weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $19.81 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 9.25% during the next 3 months and, with 90% probability hold a price between $21.64 and $27.31 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. Universal Logistics Holdings, Inc holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $21.83 and $22.30. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday May 21, 2019, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

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Relative Strength Index (RSI)

RSI14 is 33 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Universal Logistics Holdings, Inc finds support from accumulated volume at $20.76.

Support: $20.76 Price: $20.84 Resistance: $21.25

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.77 (3.73%) between high and low. For the last week, the stock has had a daily average volatility of 3.88%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

3.88 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

The Universal Logistics Holdings, Inc stock holds several negative signals and despite the positive trend we believe Universal Logistics Holdings, Inc will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our recommendation for this stock since last evaluation from a Strong Sell Candidate to a Sell Candidate.

Sell Candidate Upgraded
Stronger Sell Today ULH ranks #3588 as SELL CANDIDATE #3588 Weaker Sell
ULH $20.84 ($-0.74 -3.43%)
ULH is down $0.74 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for ULH based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

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Will ULH stock price go up or down
on Tue, 28 May 2019?

Predict

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