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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Ultralife Corporation (NASDAQ:ULBI)

Countertrend Up (+85) - ULBI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid ULBI?

MarketClub looks at technical strength and momentum to determine if the timing is right for ULBI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ULBI
Open High Low ULBI Price Change
13.14 13.39 13.08 13.39 +0.33
Entry Signal

MarketClub’s Trade Triangles for ULBI

long term up The long-term trend has been UP since Feb 15th, 2024 at 8.55

intermediate term up The intermediate-term trend has been UP since Apr 25th, 2024 at 10.25

short term down The short-term trend has been DOWN since May 8th, 2024 at 12.25

Smart Scan Analysis for ULBI

Based on our trend formula, ULBI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ULBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.14 13.39 13.08 13.39 +0.33
Prev. Close Volume Bid Ask Time
13.06 5217 2024-05-09 09:33:39
Year High10.95Year High Date2018-04-10
Year Low6.33Year Low Date2018-10-10
52wk High13.389952wk High Date2024-05-06
52wk Low3.99552wk Low Date2023-05-10
Year End Close3.24Average Volume132,463
Shares Outstanding16,467Short Interest8,006
% Institutional46.4Market Cap129M
Assets180,551,000MLiabilities51,714,000M
P/E Ratio20.4062Beta0.18
Volatility61.54
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