Ultralife hasn't moved too much today but is slightly down, it has lost -0.18% since yesterday. It looks like ULBI may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. In addition to being near an angled support line ULBI is near a weak support line. We'll see if it bounces off or heads lower. It's definitely important to take into account the directional momentum, so let's be honest Ultralife has looked terrible. Buyers haven't seemed that interested, sellers keep dumping, there's been a lot of
better places to put your money. It doesn't make me feel that optimistic about getting a solid bounce off of a line like this. If you do get one, I'd move your stop losses up with it.
If the price bounces off of the support and moves up it'll probably head up to the $7.14 level, at which point it may hit some selling pressure. If it punches through this support level, it can easily push down to $5.15 where it may meet further support, hopefully it can consolidate around that point.
The analysts are pretty neutral on Ultralife right now, so not much useful information here. The current Analysts Sentiment Score is 0.22. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Benchmark provided a price target boost of 8.33% to $13.00 from $12.00 on 2024-03-05.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| ULBI | 0.22 | 0 | 0 | 0.45 | 0 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| ULBI | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| ULBI | 3.51 | %2.8 | 0.9 | 87.186 | 262300 |
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Industrial Products | 75 | 1.47 | -0.74 | -1.69 | -4.41 | -4.73 | 3.16 | 44.24 | -10.72 | -3.40 | 0.26 | -12569.42 | -6156.26 | 9.33 | 1.33 | 3.49 | 0.60 |
| Industrials | 277 | 1.72 | -0.10 | -0.35 | -6.08 | -6.12 | 0.27 | 47.58 | -9.88 | -8.47 | -7.50 | -14645.29 | -9313.17 | 13.27 | 1.62 | 3.62 | 0.58 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| ULBI |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
