Question 1

What implications does the 10-day RSI indicator have for UCTT?

Accepted Answer

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where UCTT's RSI Indicator exited the oversold zone, 22 of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about UCTT's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did UCTT's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on UCTT as a result. In 72 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for UCTT?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for UCTT just turned positive on August 15, 2024. Looking at past instances where UCTT's MACD turned positive, the stock continued to rise in 33 of 41 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 10-day moving average indicator for UCTT?

Accepted Answer

The 10-day moving average for UCTT crossed bearishly below the 50-day moving average on July 29, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

What does a 3-day price advance indicate for UCTT?

Accepted Answer

Following a +6.31% 3-day Advance, the price is estimated to grow further. Considering data from situations where UCTT advanced for three days, in 242 of 321 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for UCTT's future price movement?

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where UCTT declined for three days, in 218 of 287 cases, the price declined further within the following month. The odds of a continued downward trend are 76%.

Question 8

What does UCTT breaking above its upper Bollinger Band indicate?

Accepted Answer

UCTT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

How does the Aroon Indicator reflect on UCTT's trend?

Accepted Answer

The Aroon Indicator for UCTT entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

UCTT Stock Ultra Clean Holdings (UCTT, $44.91) entered Downtrend as Momentum indicator drops below 0 level on Jun 04, 2024

UCTT in -1.07% downward trend, falling for three consecutive days on August 12, 2024

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