NASDAQ:UTEK
Delisted

Ultratech Fund Forecast

$30.23
+0 (+0%)
At Close: Jun 14, 2017
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Ultratech fund price down 0% on Wednesday
(Updated on Jun 14, 2017)

Sell candidate since Jun 08, 2017 PDF

No changes to the price of Ultratech fund on the last trading day (Wednesday, 14th Jun 2017). During the last trading day the fund fluctuated 0% from a day low at $30.23 to a day high of $30.23. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The fund lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the fund is expected to rise 3.89% during the next 3 months and, with a 90% probability hold a price between $30.91 and $32.62 at the end of this 3-month period.

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UTEK Signals & Forecast

There are mixed signals in the fund today. The Ultratech fund holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell 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 $30.23 and $30.35. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Wednesday, May 17, 2017, and so far it has risen 1.37%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). The fund had a Golden Star Signal on Monday, April 17, 2017 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the fund in question.

Support, Risk & Stop-loss for Ultratech fund

Ultratech finds support from accumulated volume at $29.33 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the fund tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the fund During the last day, the fund moved $0 between high and low, or 0%. For the last week the fund has had daily average volatility of 0%

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

Trading Expectations (UTEK) For The Upcoming Trading Day Of Thursday 15th

For the upcoming trading day on Thursday, 15th we expect Ultratech to open at $30.23, and during the day (based on 14 day Average True Range), to move between $30.11 and $30.35, which gives a possible trading interval of +/-$0.119 (+/-0.39%) up or down from last closing price. If Ultratech takes out the full calculated possible swing range there will be an estimated 0.78% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $30.42 (0.63%) than the support at $29.33 (2.98%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Ultratech fund A Buy?

Ultratech holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this fund.

Current score: -1.460 Sell Candidate Unchanged

Predicted Opening Price for Ultratech of Thursday, June 15, 2017

Fair opening price June 15, 2017 Current price
$30.23 ( 0%) $30.23

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for UTEK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 30.23 .
R2 30.23 .
R1 30.23 .
Current price: 30.23
Support S1 30.23 .
S2 30.23 .
S3 30.23 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 30.80 1.89 %
R2 30.57 1.12 %
R1 30.42 0.629 %
Current price 30.23
Support S1 29.33 -2.98%
S2 29.28 -3.14%
S3 29.20 -3.41%

FAQ

What is the symbol for Ultratech Fund and on which exchange is it traded?
The symbol for Ultratech is UTEK and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Ultratech Fund?
Ultratech holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this fund.

How to buy Ultratech Fund?
Ultratech Fund can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ultratech Fund.

What's the current price of Ultratech Fund?
As of the end of day on the 2017-06-14, the price of an Ultratech (UTEK) share was $30.23.

What is the 52-week high and low for Ultratech Fund?
The 52-week high for Ultratech Fund is $30.94 and the 52-week low is $20.56.
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About Ultratech

Ultratech, Inc. develops, manufactures, and markets photolithography, laser thermal processing, and inspection equipment. It supplies step-and-repeat photolithography systems based on one-to-one imaging technology for semiconductor device and nanotechnology manufacturers. The companyÂ’s products include the 1000 series consisting of Sapphire 100 and Sapphire 100E for high-brightness light emitting diodes (HBLED), semiconductor fabrication, and na... UTEK Profile

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