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Takip Edin: @UscMarketsULTA Stock Forecast & Ulta Beauty Chart Analysis
This article provides a detailed analysis of ULTA-Ulta Beauty stock including a forecast for ULTA shares. It features Ulta Beauty, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
ULTA Historical Data Review
ULTA Current Price Performance Analysis
The Ulta Beauty - ULTA stock traded on the American stock market, on 06-05-2024, closed at 387.16$ with a %-0.58 decreased compared to the previous day.
In the last month, the price of ULTA changed by %-1.96 decreased in value, from 394.88 dollars on 05-06-2024 to 387.16 dollars, decreased.
Last year, the price of ULTA was 417.49 dollars on 06-06-2023, and changed by %-7.26 decreased in value, to 387.16 dollars decreased within a year.
The price of Ulta Beauty stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
ULTA with AI Stock Forecast & Price Target
On the ULTA chart Ulta Beauty price was recorded as 387.16 Dollars on 06/05/2024.
The artificial intelligence's forecast on ULTA stock is as follows.
The artificial intelligence's prediction error margin for ULTA stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Ulta Beauty stock over the next 4 months is: 414.9 Dollars.
The commentary on ULTA stock Target Price: Highest: 471.649 Dollars is predicted.
The commentary on ULTA stock Target Price: Lowest: 362.423 Dollars is predicted.
Resistance Price where Ulta Beauty stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 471.649 |
| 08-14-2024 | 453.940 |
| 10-03-2024 | 462.491 |
| 12-12-2024 | 400.049 |
| 03-07-2025 | 368.457 |
Support Price where Ulta Beauty stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 453.411 |
| 09-03-2024 | 448.720 |
| 11-12-2024 | 393.444 |
| 02-25-2025 | 368.177 |
| 04-01-2025 | 362.423 |
The commentary on ULTA stock: The target price can generally be said to be on the decline.
The commentary on ULTA stock: Fluctuations in the target price can be expected in the coming days.
The target price for Ulta Beauty stock by the end of 2024 is predicted to be 388.124 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on ULTA stock, and the 2024 target price predictions for Ulta Beauty are detailed above.
The technical analysis and charts for the commentary on ULTA stock are below.
ULTA Support & Resistance and Trend Analysis
ULTA stock you have reviewed the technical analysis support resistance charts regarding.
ULTA : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the ULTA review, the Ulta Beauty support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Ulta Beauty Support and Resistance Prices:
| ULTA Support Level Price | ULTA Resistance Level Price |
|---|---|
| 375.31 | 411.60 |
| 386.01 | 487.60 |
| 401.01 | 492.11 |
| 411.00 | 497.41 |
| 438.67 | 499.42 |
| 464.81 | 528.80 |
| 468.61 | 529.67 |
| 469.27 | 574.76 |
ULTA Technical Analysis: SMA, RSI, MACD
Upon reviewing the ULTA chart, buy and sell signals have been generated in the Ulta Beauty technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for ULTA stock are as follows:- ULTA technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Ulta Beauty gave a 'Buy' signal when the RSI was at 23.405, with the current RSI value at 36.713.
- The technical analysis for ULTA indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Ulta Beauty issued a 'Buy' signal when the MACD was at -25.743, with the current MACD value being: -9.109
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Ulta Beauty stock: Click here to read more predictions on MS&AD Insurance Group stock.
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