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(USAP) Universal Stainless complete technical analysis [charts+indicators] | Buy/Sell Universal Stainless | (USAP) share price targets

Complete technical analysis of Universal Stainless (USAP) by charts plus indicators, forecast predictions and share price targets for Universal Stainless (USAP)

Universal Stainless trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-10-03 View latest technical analysis

10 day averaged volume of Universal Stainless is 109300

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	36.47	38.37	38.46	36.45	0.737 times
02 Wed Oct 2024	38.56	39.31	40.08	38.56	0.63 times
01 Tue Oct 2024	39.58	38.90	40.17	38.14	0.887 times
30 Mon Sep 2024	38.63	39.63	39.63	37.50	1.056 times
27 Fri Sep 2024	39.69	40.28	40.85	39.30	0.717 times
26 Thu Sep 2024	40.21	41.26	42.09	40.02	0.823 times
25 Wed Sep 2024	40.35	40.57	40.98	39.60	0.919 times
24 Tue Sep 2024	40.37	40.66	41.63	39.89	1.355 times
23 Mon Sep 2024	40.06	39.37	40.07	38.58	1.198 times
20 Fri Sep 2024	38.79	39.61	39.63	38.39	1.418 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36.6, but if it comes above 36.6, then a intra day buy could be more profitable.
If you take a sell trade below 36.6, then use 36.6 as stoploss and 34.7 as target. However if you take a buy trade in stock , then use 36.6 as stoploss and 38.21 as target.

Share price targets for Universal Stainless (USAP)

Target Type	Value
Downside Target	26.05
Downside Target	27.15
Downside Target	30.99
Downside Target	33.95
Downside Target	34.78
Downside Target	36.45
Upside Target	38.58
Upside Target	39.81
Upside Target	40.17
Upside Target	41.92
Upside Target	42.09
Upside Target	42.90

Intraday share price targets for Universal Stainless (USAP)

Target Type	Value
Downside Intraday Target	35.22
Downside Intraday Target	33.98
Upside Intraday Target	38.94
Upside Intraday Target	41.42
Upside Intraday Target	37.7

Weekly technical analysis of Universal Stainless (USAP)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	36.47	39.63	40.17	36.45	0.661 times
27 Fri Sep 2024	39.69	39.37	42.09	38.58	1.11 times
20 Fri Sep 2024	38.79	38.62	40.13	36.61	1.16 times
13 Fri Sep 2024	38.09	35.53	38.90	35.32	0.771 times
06 Fri Sep 2024	34.96	41.92	41.92	34.78	6.705 times

Price has moved down 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 Universal Stainless (USAP)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	36.47	38.90	40.17	36.45	0.115 times
30 Mon Sep 2024	38.63	41.92	42.09	34.78	0.628 times
30 Fri Aug 2024	42.12	38.44	42.90	30.99	1.004 times
31 Wed Jul 2024	37.52	27.23	39.81	26.05	0.779 times

Scroll below to view daily charts

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 Universal Stainless (USAP)

Price action analysis of Universal Stainless ( (USAP) ) based on a short 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 Universal Stainless ( (USAP) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Universal Stainless ( (USAP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Universal Stainless stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Universal Stainless in short term but the sell signal is initial and weak.

Universal Stainless Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Universal Stainless in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Universal Stainless is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.36 and Universal Stainless (USAP) 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 Universal Stainless (USAP) stock. Volume based technical analysis of Universal Stainless (USAP) stock is negative.

Universal Stainless 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.