Our Thoughts on Ulta Beauty, Inc. (NASDAQ:ULTA) (2020-01-02)

REPORTING FOR 2020-01-02 | WCX19.ORG: We have done an in-depth analysis of how ULTA has been trading over the last 2 weeks and the past day especially. On its latest session, Ulta Beauty, Inc. (NASDAQ:ULTA) opened at 251.29, reaching a high of 253.7 and a low of 250.31 before closing at a price of 253.14. There was a total volume of 762771.

VOLUME INDICATORS FOR ULTA BEAUTY, INC. (NASDAQ:ULTA): We saw an accumulation-distribution index of 2715.5006, an on-balance volume of -251.35, chaikin money flow of 1.81328 and a force index of 0.0432. There was an ease of movement rating of -0.00388, a volume-price trend of 0.05584 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ULTA BEAUTY, INC. (NASDAQ:ULTA): We noted an average true range of 5.73886, bolinger bands of 250.85871, an upper bollinger band of 249.16109, lower bollinger band of 250.31, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 251.76667, high band keltner channel of 249.35667, low band keltner channel of 254.17667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 250.31, a donchian channel low band of 250.31, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ULTA BEAUTY, INC. (NASDAQ:ULTA): We calculated a Moving Average Convergence Divergence (MACD) of -0.01347, a MACD signal of -0.00748, a MACD difference of -0.00598, a fast Exponential Moving Average (EMA) indicator of 250.31, a slow Exponential Moving Average (EMA) indicator of 250.31, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.35911, a trix of 2.88202, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of 1.35337, a KST Oscillator (KST) of -5.37768 and a KST Oscillator (KST Signal) of -5.37768 (leaving a KST difference of -0.59623). We also found an Ichimoku rating of 252.495, an Ichimoku B rating of 252.495, a Ichimoku visual trend A of 253.36704, an Ichimoku visual trend B of 253.37378, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR ULTA BEAUTY, INC. (NASDAQ:ULTA): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 33.5285, a True Strength Index (TSI) of -100.0, an ultimate oscillator of 50.0, a stochastic oscillator of 140.6639, a stochastic oscillator signal of 140.6639, a Williams %R rating of 40.6639 and an awesome oscillator of 0.25866.

RETURNS FOR ULTA BEAUTY, INC. (NASDAQ:ULTA): There was a daily return of -0.53777, a daily log return of -0.24007 and a cumulative return of -0.23978.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-02 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Ulta Beauty, Inc. (NASDAQ:ULTA)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Ulta Beauty, Inc. (NASDAQ:ULTA) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.