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UCTT Fell Below 50 Day Moving Average on July 16
UCTT closed down 9.3% on Thursday, July 16th, with volume running 0.7× below average. Multiple bearish signals emerged — Fell Below 50 DMA, Stochastic Reached Oversold & MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 88.62, 84.64 & 77.89, with resistance at 99.35, 106.1 & 110.08. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of UCTT: B
There’s more where that came from. See all of today’s signals for UCTT here.
Read full article here »