Trading Signals: ULTA Stock Price Prediction and Forecast

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Tue. Jan. 31, 2023

Trading Signals: ULTA Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Ulta Beauty Inc)
ULTA latest price $513.5500 (1.17%) ($513.5500 - $514.2200) on Tue. Jan. 31, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.45% (three month average)
RSI   72
Latest Price   $513.5500(1.17%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   ULTA advances 0.5% a day on average for past five trading days.
Weekly Trend   ULTA advances 1.7% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support ULTA advance at 0% a week (0% probability)
XRT(45%)    PEJ(38%)    JETS(37%)    IYT(36%)    XHB(35%)
Factors Impacting ULTA price   ULTA will decline at least -0.725% in a week (0% probabilities).
VIXM(-18%)    IGOV(-10%)    SLV(-9%)    TBT(-7%)    GLD(-7%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.725% (StdDev 1.45%)
Hourly BBV 1.8 ()
Intraday Trend 0%

5 Day Moving Average   $506.97(1.3%)
10 Day Moving Average   $502(2.3%)
20 Day Moving Average   $494.77(3.8%)
To recent high   0%
To recent low   26.3%
Market Cap   $28.919b

Ulta Beauty, Inc. is a beauty retailer of cosmetics, fragrance, skin care products, hair care products, and salon services. It provides unmatched product breadth, value and convenience in a distinctive specialty retail environment. The company was founded in January 9, 1990 and is headquartered in Bolingbrook, IL.

$. ULTA price fluctuates within 2.03% (three month std-dev: 1.45%) daily (68% of days).

Sample size 50 Average positive next day return: 0.96%(54%) Average negative next day return: -0.99%(46%) Sample size 50 Average positive next three day return: 1.61%(60%) Average negative next three day return: -1.66%(40%) Sample size 50 Average positive next weekly return: 2.5%(64%) Average negative next weekly return: -1.87%(36%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_31_2023	440.94	494.77	502	506.97	509.02	511.31	513.55(1.17%)	UT	OpenLong	75	0.7	195	40	209	152	0.37	61%	0.16	112.3	1.45%	1.8	1.9	72	-1.8
2	Jan_30_2023	440.25	492.5	499.82	504.58	505.8	507.37	507.64(0.36%)	UT	OpenLong	75	0.3	77	30	72	93	0.37	61%	0.15	124.6	1.44%	0.2	1.6	72	-1.8
3	Jan_27_2023	439.59	490.35	498.14	503.2	503.62	506.72	505.84(-0.25%)	UD	OpenLong	75	0.3	114	50	116	107	0.37	64%	0.15	120.7	1.5%	0.8	1.5	69	-1.7
4	Jan_26_2023	438.95	488.3	496.71	500.19	502.35	504.24	507.12(1.28%)	UT	OpenLong	75	0.7	199	40	219	138	0.32	64%	0.15	128.2	1.5%	1.8	1.9	67	-1.6
5	Jan_25_2023	438.29	485.91	495.1	496.4	498.14	500.51	500.72(-0.17%)	UD	OpenLong	75	0.4	69	40	69	70	0.18	66%	0.17	111.3	1.5%	0.9	1.4	69	-1.6

6	Jan_24_2023	437.53	483.72	493.86	496.26	494.8	500.45	501.57(0.16%)	UT	OpenLong	75	0.5	152	70	163	120	0.56	66%	0.15	104.6	1.53%	1.2	1.5	75	-1.5
7	Jan_23_2023	436.86	481.31	492.19	494.39	494.55	495.77	500.75(2.03%)	UT	HoldLong	65	0.6	239	20	263	166	0.36	66%	0.19	100	1.53%	1.6	1.7	77	-1.6
8	Jan_20_2023	436.04	478.33	490.67	492.44	492.42	489.15	490.79(0.54%)	N/A	N/A	0	-0.1	-104	-50	-143	14	0.48	65%	0.17	79.4	1.51%	-0.6	1	76	-1.3
9	Jan_19_2023	435.3	475.96	490.47	492.66	492.63	493.33	488.15(-2.38%)	CR	SmallShort	-20	-0.3	-60	10	-97	52	0.63	60%	0.17	62.3	1.53%	-1	0.9	74	-1.2
10	Jan_18_2023	434.58	474.23	489.87	493.4	493.53	495.69	500.05(1.59%)	UT	HoldLong	65	0.5	162	30	158	172	0.54	63%	0.2	52.9	1.6%	1.5	1.8	90	-1.1

11	Jan_17_2023	433.71	471.9	487.07	491.08	491.71	491.93	492.23(0.25%)	UT	HoldLong	65	0.1	61	10	39	128	0.28	64%	0.23	36.5	1.6%	0	1.2	90	-1.6
12	Jan_13_2023	432.7	470.36	484.74	489.61	490.77	491.37	491(-0.18%)	UT	HoldLong	50	0.1	54	20	28	131	0.41	64%	0.17	27.5	1.61%	-0.1	1.2	90	-1.9
13	Jan_12_2023	431.95	468.96	482.1	488.62	489.18	491.49	491.87(0%)	UT	HoldLong	50	0.2	91	40	67	164	0.45	64%	0.19	26.4	1.61%	0.4	1.3	94	-1.6
14	Jan_11_2023	431.12	467.75	479.36	487.97	487.9	490.16	491.87(0.7%)	UT	HoldLong	65	0.2	144	30	123	205	0.28	64%	0.22	27	1.61%	1.6	1.5	90	-1.9
15	Jan_10_2023	430.17	466.58	476.06	485.81	487.09	486.86	488.45(0.74%)	UT	OpenLong	75	0.2	107	0	81	186	0.2	64%	0.22	24.9	1.61%	0	1.5	73	-2.1

16	Jan_9_2023	429.22	466.04	472.83	482.41	485.24	485.64	484.88(-0.23%)	UD	OpenLong	75	0.2	59	20	27	154	0.47	64%	0.2	23	1.61%	-0.2	1.3	70	-2
17	Jan_6_2023	428.37	465.61	469.61	478.97	481.49	487.32	486.01(-0.53%)	UD	OpenLong	75	0.5	178	100	173	191	0.67	64%	0.19	22.9	1.62%	0.5	1.5	62	-1.8
18	Jan_5_2023	427.57	464.48	465.02	474.44	476.9	484.84	488.62(1.57%)	UT	OpenLong	75	1.1	368	130	408	247	0.56	62%	0.2	19.5	1.63%	1.4	1.9	62	-1
19	Jan_4_2023	426.7	463.46	460.2	469.53	470.74	475.66	481.07(2.03%)	UT	OpenLong	75	1	260	80	294	159	0.58	62%	0.18	15.4	1.64%	1.6	1.5	53	-0.9
20	Jan_3_2023	425.93	462.87	457.18	465	466.49	468.97	471.49(0.81%)	UT	OpenLong	75	0.6	137	50	159	72	0.55	60%	0.24	14.8	1.63%	1.2	0.8	47	-0.1

21	Dec_30_2022	424.93	462.86	455.34	461.85	463.53	465.82	467.68(0.93%)	UT	OpenLong	75	0.5	95	50	119	22	0.27	60%	0.29	17.8	1.63%	1	0.4	37	1
22	Dec_28_2022	423.69	462.59	454.64	458.77	460.54	464	463.35(-0.15%)	UD	OpenLong	75	0.4	124	60	161	12	0.45	63%	0.21	15.4	1.63%	0.9	0.1	36	1.3
23	Dec_27_2022	422.8	461.99	454.59	453.94	457.09	461.24	464.05(1.22%)	UT	OpenLong	75	0.9	188	80	242	24	0.46	63%	0.31	6.4	1.69%	1.6	0.2	49	1.2
24	Dec_23_2022	421.49	461.62	455	449.35	451.07	457.08	458.44(0.59%)	RB	SmallLong	20	0.8	149	100	203	-13	0.13	60%	0.21	1.6	1.69%	0	-0.3	42	1.3
25	Dec_22_2022	420.62	461.21	456.13	448.24	446.74	452.94	455.73(0.77%)	RB	SmallLong	20	0.6	179	90	239	-2	0.79	60%		3.9	1.74%	1.5	-0.5	40	1.8
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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