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(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 2024-07-18 View latest technical analysis

10 day averaged volume of Universal Stainless is 118863

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	30.17	29.85	30.94	29.70	0.91 times
17 Wed Jul 2024	29.55	30.25	30.38	29.18	0.957 times
16 Tue Jul 2024	30.27	29.80	30.35	29.42	0.977 times
15 Mon Jul 2024	29.52	28.89	29.90	28.86	1.041 times
12 Fri Jul 2024	28.46	27.94	28.64	27.73	1.228 times
11 Thu Jul 2024	27.74	27.35	27.80	27.01	0.969 times
10 Wed Jul 2024	27.08	26.80	27.10	26.61	0.705 times
09 Tue Jul 2024	26.88	27.50	27.60	26.70	1.034 times
08 Mon Jul 2024	27.55	27.18	27.93	27.15	0.997 times
05 Fri Jul 2024	27.02	28.66	28.68	26.62	1.263 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 29.4, but if it comes below 29.4, then a intra day sell could be more profitable.
If you take a sell trade below 29.4, then use 29.4 as stoploss and 28.33 as target. However if you take a buy trade in stock , then use 29.4 as stoploss and 30.7 as target.

Share price targets for Universal Stainless (USAP)

Target Type	Value
Downside Target	20.13
Downside Target	22.91
Downside Target	24.65
Downside Target	26.05
Downside Target	26.61
Downside Target	28.64
Downside Target	28.86
Downside Target	29.77
Upside Target	30.94
Upside Target	33.95
Upside Target	34.75

Intraday share price targets for Universal Stainless (USAP)

Target Type	Value
Downside Intraday Target	29.04
Downside Intraday Target	27.91
Upside Intraday Target	31.12
Upside Intraday Target	32.07
Downside Intraday Target	29.99

Weekly technical analysis of Universal Stainless (USAP)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	30.17	28.89	30.94	28.86	0.787 times
12 Fri Jul 2024	28.46	27.18	28.64	26.61	2.358 times
05 Fri Jul 2024	27.02	28.34	28.86	26.62	0.408 times
03 Wed Jul 2024	28.64	27.23	28.86	26.05	0.27 times
28 Fri Jun 2024	27.38	29.41	29.77	27.15	6.029 times

Price has moved up 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
18 Thu Jul 2024	30.17	27.23	30.94	26.05	0.439 times
28 Fri Jun 2024	27.38	32.95	33.95	27.15	1.206 times
31 Fri May 2024	32.83	27.00	34.75	27.00	1.594 times
30 Tue Apr 2024	26.15	22.91	27.60	22.91	1.106 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Universal Stainless stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

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 tired and bears are picking up momentum.

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

CCI has generated a buy signal for Universal Stainless in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Universal Stainless is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.4 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 negative.

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