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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 2024-07-08 View latest technical analysis

10 day averaged volume of Universal Stainless is 311470

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	27.55	27.18	27.93	27.15	0.38 times
05 Fri Jul 2024	27.02	28.66	28.68	26.62	0.482 times
03 Wed Jul 2024	28.64	28.34	28.86	27.64	0.317 times
03 Wed Jul 2024	28.64	28.34	28.86	27.64	0.317 times
02 Tue Jul 2024	28.21	26.65	28.24	26.32	0.677 times
01 Mon Jul 2024	26.52	27.23	28.14	26.05	0.963 times
28 Fri Jun 2024	27.38	27.88	28.51	27.23	4.675 times
27 Thu Jun 2024	27.93	28.49	29.00	27.15	0.618 times
26 Wed Jun 2024	28.44	27.78	28.69	27.56	0.572 times
25 Tue Jun 2024	27.98	28.50	28.99	27.78	0.737 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.6, but if it comes above 27.6, then a intra day buy could be more profitable.
If you take a sell trade below 27.6, then use 27.6 as stoploss and 25.4 as target. However if you take a buy trade in stock , then use 27.6 as stoploss and 29.39 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	26.62
Upside Target	28.86
Upside Target	29.36
Upside Target	29.77
Upside Target	32.12
Upside Target	33.95
Upside Target	34.75

Intraday share price targets for Universal Stainless (USAP)

Target Type	Value
Downside Intraday Target	27.16
Downside Intraday Target	26.76
Upside Intraday Target	27.94
Upside Intraday Target	28.32
Downside Intraday Target	27.54

Weekly technical analysis of Universal Stainless (USAP)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	27.55	27.18	27.93	27.15	0.476 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
21 Fri Jun 2024	30.06	31.33	32.12	29.36	1.28 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
08 Mon Jul 2024	27.55	27.23	28.86	26.05	0.225 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Universal Stainless ( (USAP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Universal Stainless ( (USAP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Universal Stainless ( (USAP) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Universal Stainless stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Universal Stainless in short term and the sell signal is strong.

Universal Stainless Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Universal Stainless in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.57 and Universal Stainless (USAP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.