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UGP forms 20 Day Moving Average Support on July 1
UGP finished lower by 1.0% on Wednesday, July 1st, trading 1.1 times its typical volume. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while Stochastic Sell Signal indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 4.89, 4.8 & 4.75, with resistance at 5.02, 5.07 & 5.16. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of UGP: C
There’s more where that came from. See all of today’s signals for UGP here.
Read full article here »