Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-15 View latest technical analysis

10 day averaged volume of Universal Stainless is 99430

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	40.99	40.32	41.37	39.54	0.87 times
14 Mon Oct 2024	40.83	41.21	41.50	39.79	1.474 times
11 Fri Oct 2024	41.19	38.86	41.51	38.86	1.343 times
10 Thu Oct 2024	39.16	39.75	40.07	38.78	0.772 times
09 Wed Oct 2024	39.66	40.05	40.90	39.01	0.768 times
08 Tue Oct 2024	40.24	38.92	40.35	38.00	1.117 times
07 Mon Oct 2024	38.88	38.20	38.89	37.35	0.694 times
04 Fri Oct 2024	38.20	36.87	38.33	36.87	1.353 times
03 Thu Oct 2024	36.47	38.37	38.46	36.45	0.81 times
02 Wed Oct 2024	38.56	39.31	40.08	38.56	0.693 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.7, but if it comes below 40.7, then a intra day sell could be more profitable.
If you take a sell trade below 40.7, then use 40.7 as stoploss and 39.44 as target. However if you take a buy trade in stock , then use 40.7 as stoploss and 42.1 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
Downside Target	37.35
Downside Target	38.58
Downside Target	39.54
Upside Target	41.50
Upside Target	41.51
Upside Target	42.09
Upside Target	42.90

Intraday share price targets for Universal Stainless (USAP)

Target Type	Value
Downside Intraday Target	39.85
Downside Intraday Target	38.72
Upside Intraday Target	41.81
Upside Intraday Target	42.64
Downside Intraday Target	40.68

Weekly technical analysis of Universal Stainless (USAP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	40.99	41.21	41.50	39.54	0.499 times
11 Fri Oct 2024	41.19	38.20	41.51	37.35	0.941 times
04 Fri Oct 2024	38.20	39.63	40.17	36.45	0.906 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

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
15 Tue Oct 2024	40.99	38.90	41.51	36.45	0.507 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Universal Stainless in short term and the buy signal is strong.

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

Universal Stainless Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Universal Stainless in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Universal Stainless is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.59 and Universal Stainless (USAP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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