Ulta Beauty gathers positive momentum - Analysis - 03-08-2022

2022-08-03 11:56:32 GMT (Economies.com)
 

Ulta Beauty's stock (ULTA) declined amid negative signals from the RSI, marking a loss of 0.35%, or 1.38 points, and settling at 392.90, and leaning on the support of the 50-day SMA, amid attempts to gather momentum and recover anew, amid the dominance of the main upward medium-term trend. 

 

Therefore we expect the stock to return higher and target the pivotal resistance of 438.60, provided the support of 382.40 holds on.

 

Open Live Trading Account

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0265
0.0067
0.6597%
1.2139
0.0022
0.1816%
20.583
0.219
1.075%
92.262
3.784
4.277%
97.88
-1.74
1.75%
1796.970
15.295
0.859%
 
 
News Today