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.
AI Analysis of ULH
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Universal Logistics Holdings, Inc stock downgraded to Buy Candidate
(Updated on Mar 28, 2024)

Buy or Hold candidate since Dec 19, 2023 Gain 35.35% PDF

The Universal Logistics Holdings, Inc stock price fell by -0.99% on the last day (Thursday, 28th Mar 2024) from $37.24 to $36.87. During the last trading day the stock fluctuated 2.77% from a day low at $36.87 to a day high of $37.89. The price has risen in 6 of the last 10 days and is up by 8.19% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -4 thousand shares and in total, 27 thousand shares were bought and sold for approximately $1.01 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 28.90% during the next 3 months and, with a 90% probability hold a price between $45.24 and $51.10 at the end of this 3-month period.

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ULH Signals & Forecast

The Universal Logistics Holdings, Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $36.15 and $34.21. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, March 08, 2024, and so far it has fallen -1.94%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Universal Logistics Holdings, Inc stock

Universal Logistics Holdings, Inc finds support from accumulated volume at $36.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $1.02 between high and low, or 2.77%. For the last week the stock has had daily average volatility of 3.53%.

Our recommended stop-loss: $35.28 (-4.31%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 14 days ago.)

Trading Expectations (ULH) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Universal Logistics Holdings, Inc to open at $37.21, and during the day (based on 14 day Average True Range), to move between $35.46 and $38.28, which gives a possible trading interval of +/-$1.41 (+/-3.81%) up or down from last closing price. If Universal Logistics Holdings, Inc takes out the full calculated possible swing range there will be an estimated 7.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $36.89 (0.05%) than the support at $36.19 (1.84%), 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 Universal Logistics Holdings, Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Universal Logistics Holdings, Inc stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 2.211 Buy Candidate Downgraded

Predicted Opening Price for Universal Logistics Holdings, Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$37.21 ( 0.92%) $36.87

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

Trading levels for ULH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 38.23 3.69 %
R2 37.84 2.63 %
R1 37.60 1.98 %
Current price: 36.87
Support S1 36.82 -0.135 %
S2 36.58 -0.788 %
S3 36.19 -1.84 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 37.60 1.98 %
R2 37.24 1.00 %
R1 36.89 0.0542 %
Current price 36.87
Support S1 36.19 -1.84%
S2 34.08 -7.57%
S3 30.52 -17.22%

ULH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 15, 2024 Mar 01, 2024 Apr 01, 2024 $0.105 0.285%
2 Oct 26, 2023 Dec 01, 2023 Jan 02, 2024 $0.110 0.386%
3 Jul 27, 2023 Aug 31, 2023 Oct 02, 2023 $0.105 0.424%
4 Apr 27, 2023 Jun 02, 2023 Jul 03, 2023 $0.105 0.352%
5 Feb 09, 2023 Mar 03, 2023 Jul 03, 2023 $0.105 0.352%

FAQ

What is the symbol for Universal Logistics Holdings, Inc Stock and on which exchange is it traded?
The symbol for Universal Logistics Holdings, Inc is ULH and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Universal Logistics Holdings, Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Universal Logistics Holdings, Inc stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy Universal Logistics Holdings, Inc Stock?
Universal Logistics Holdings, Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Universal Logistics Holdings, Inc Stock.

What's the current price of Universal Logistics Holdings, Inc Stock?
As of the end of day on the 2024-03-28, the price of an Universal Logistics Holdings, Inc (ULH) share was $36.87.

What is the 52-week high and low for Universal Logistics Holdings, Inc Stock?
The 52-week high for Universal Logistics Holdings, Inc Stock is $38.50 and the 52-week low is $20.95.

What is the market capitalization of Universal Logistics Holdings, Inc Stock?
As of the 2024-03-28, the market capitalization of Universal Logistics Holdings, Inc is 979.568M.

When is the next earnings date for Universal Logistics Holdings, Inc?
The upcoming earnings date for Universal Logistics Holdings, Inc is Apr 25, 2024.
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About Universal Logistics Holdings, Inc

Universal Logistics Holdings Universal Logistics Holdings, Inc. provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services; and final mile and ground expedite services. The company transports various commodities comprising automotive parts, machinery, build... ULH Profile

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