Stock Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
ULTRAPAR HOLDINGS (NYSE:UGP)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for UGP
The long term trend has been DOWN since Mar 23rd, 2018 at 20.960
The intermediate term trend has been DOWN since Nov 13th, 2018 at 10.370
The short term trend has been UP since Nov 15th, 2018 at 10.935
Smart Scan Analysis for UGP
Based on a pre-defined weighted trend formula for chart analysis, UGP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||26.475||Year High Date||2018-01-25|
|Year Low||8.86||Year Low Date||2018-09-25|
|52wk High||26.475||52wk High Date||2018-01-25|
|52wk Low||8.86||52wk Low Date||2018-09-25|
|Year End Close||22.28||Average Volume||1,030,913|
|Shares Outstanding||544,384||Short Interest||862,480|