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Is ULTA positioned for a breakdown? Fell Below 20 Day Moving Average shows up after slipping 0.92%
ULTA closed down 0.92% on Friday, August 14th, with volume running 0.8× below average. Multiple bearish signals emerged — Fell Below 20 DMA and MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 506.19, 501.57 & 496.16, with resistance at 516.22, 521.62 & 526.24.
Current SwingTradeBot Technical Rating of ULTA: D
Today’s move could mean more—check all the signals for ULTA on SwingTradeBot.
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