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(UGP) Ultrapar Participacoes complete technical analysis [charts+indicators] | Buy/Sell Ultrapar Participacoes | (UGP) share price targets

Complete technical analysis of Ultrapar Participacoes (UGP) by charts plus indicators, forecast predictions and share price targets for Ultrapar Participacoes (UGP)

Ultrapar Participacoes trades in USA in Public Utilities sector.

10 day averaged volume of Ultrapar Participacoes is 1544811

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 4.91 4.95 4.95 4.88 0.616 times
15 Wed May 2024 4.90 4.80 4.92 4.76 1.364 times
14 Tue May 2024 4.81 4.81 4.88 4.80 0.871 times
13 Mon May 2024 4.74 4.79 4.84 4.70 0.942 times
10 Fri May 2024 4.70 4.86 4.89 4.70 0.814 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4.9 as stoploss in an intra day buy trade for a target of 5.06. However, stock will show a bearish move below 4.9.

Share price targets for Ultrapar Participacoes (UGP)

Target Type Value
Downside Target 4.70
Upside Target 4.95
Upside Target 5.23
Upside Target 5.37
Upside Target 5.49
Upside Target 5.52
Upside Target 5.81
Upside Target 5.85
Upside Target 5.99
Upside Target 6.35

Intraday share price targets for Ultrapar Participacoes (UGP)

Target Type Value
Downside Intraday Target 4.76
Downside Intraday Target 4.6
Upside Intraday Target 5.01
Upside Intraday Target 5.1
Downside Intraday Target 4.85

Weekly technical analysis of Ultrapar Participacoes (UGP)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 4.91 4.79 4.95 4.70 0.675 times
10 Fri May 2024 4.70 5.26 5.32 4.70 2.117 times
03 Fri May 2024 5.31 5.21 5.37 5.01 0.755 times
26 Fri Apr 2024 5.22 5.14 5.25 4.97 0.835 times
19 Fri Apr 2024 5.15 5.22 5.27 5.02 0.75 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ultrapar Participacoes (UGP)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 4.91 5.04 5.37 4.70 0.533 times
30 Tue Apr 2024 5.02 5.70 5.85 4.97 1.023 times
28 Thu Mar 2024 5.72 5.93 5.99 5.52 1.001 times
29 Thu Feb 2024 5.92 5.76 6.35 5.49 1.208 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ultrapar Participacoes (UGP)

Indicator Name Indicator Value Indicator Signal
ADX 28, 28, 0 Sell
MACD -0, -0Sell
Stochastics 26Sell
CCI -29Buy
RSI 33Sell
OBV 1418910Sell
VWAP 5Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Ultrapar Participacoes ( (UGP) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Ultrapar Participacoes ( (UGP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Ultrapar Participacoes ( (UGP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ultrapar Participacoes ( (UGP) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ultrapar Participacoes stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ultrapar Participacoes in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ultrapar Participacoes Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ultrapar Participacoes in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Ultrapar Participacoes is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.94 and Ultrapar Participacoes (UGP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Ultrapar Participacoes (UGP) stock. Volume based technical analysis of Ultrapar Participacoes (UGP) stock is negative.

Ultrapar Participacoes Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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