UPL Forecast and Technical Stock Analysis

Hold candidate since 2019-07-12

Ultra Petroleum Corp gained 11.45% in the last trading day ( Friday, 12th Jul 2019 ), rising from $0.20 to $0.22 During day the stock fluctuated 27.55% from a day low at $0.20 to a day high of $0.25. The price has fallen in 7 of the last 10 days , but is still up by 15.84% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 3.61 million more shares were traded than the day before. In total, 7.35 million shares bought and sold for approximately $1.62 million.

Quick summary:

  • 30 day high of the UPL stock price was $0.39 and low was $0.16.
  • 90 day high was $0.58 and low was $0.16.
  • 52 week high for the Ultra Petroleum Corp - $2.04 and low - $0.16.
Top Trending Stocks


Ultra Petroleum Corp lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -52.20% during the next 3 months and, with 90% probability hold a price between $0.06 and $0.14 at the end of this period.

Top Golden Star Stocks


A buy signal was issued from a pivot bottom point on Thursday July 11, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Ultra Petroleum Corp 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 $0.22 and $0.30. A break-up above any of these levels will issue buy signals.

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 41 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Support & Resistance

Ultra Petroleum Corp finds support from accumulated volume at $0.22.

Support: $0.22 Price: $0.22 Resistance: $0.24


This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.05 between high and low, or 27.55%. For the last week, the stock has had a daily average volatility of 22.18%.

Our recommended stoploss: $0.21 (-4.18%) (This stock has very high daily movements and this gives very high risk. There is a buy signal from pivot bottom found 1 days ago.)

22.18 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Hold/Accumulate Upgraded


Ultra Petroleum Corp holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 140 votes on StockTwits.

Previous Hold Today UPL ranks #2646 as HOLD CANDIDATE #2646 Next Hold

Will UPL stock price go up or down on Tue, 16 Jul 2019?

Trading With Moving Average
As an investor, you always seek to understand what other... Full Article
Pivot Points
Pivot Points refer to points of significant change. As a... Full Article
Accumulated Volume - Support and Resistance
Volume is perhaps the best indicator of all and should... Full Article
Volume - The Indicator You Really Need to Know
Many new traders getting into the world of technical analysis... Full Article
We Give Back!
In 2016 StockInvest.us donated to NGO Goodwill projects to help purchase medical... Full Article
Better Buy: Amazon vs. Facebook
Amazon's stock slipped 21% over the past six months, as... Full Article

Proudly made at