Ulta Beauty Stock Technical Analysis

ULTA
 Stock
  

USD 380.86  3.06  0.81%   

As of the 8th of August, Ulta Beauty has the coefficient of variation of (6,848), and Risk Adjusted Performance of (0.014237). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Ulta Beauty, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Ulta Beauty, which can be compared to its competition. Please validate Ulta Beauty jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Ulta Beauty is priced more or less accurately, providing market reflects its prevalent price of 380.86 per share. Given that Ulta Beauty has jensen alpha of (0.03117), we advise you to double-check Ulta Beauty's current market performance to make sure the company can sustain itself at a future point.
  

Ulta Beauty Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ulta Beauty, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Ulta Beauty
Ulta Beauty's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Ulta Beauty Analyst Consensus

Target PriceAdvice# of Analysts
453.1Buy20Odds
Ulta Beauty current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ulta Beauty analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ulta Beauty stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ulta Beauty, talking to its executives and customers, or listening to Ulta Beauty conference calls.
Ulta Beauty Analyst Advice Details
Ulta Beauty technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ulta Beauty technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ulta Beauty trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Ulta Beauty Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-five with a total number of output elements of thirty-six. The Normalized Average True Range is used to analyze tradable apportunities for Ulta Beauty across different markets.
.

Ulta Beauty Trend Analysis

Use this graph to draw trend lines for Ulta Beauty. You can use it to identify possible trend reversals for Ulta Beauty as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ulta Beauty price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Ulta Beauty Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ulta Beauty applied against its price change over selected period. The best fit line has a slop of   0.08  , which means Ulta Beauty will continue generating value for investors. It has 122 observation points and a regression sum of squares at 227.17, which is the sum of squared deviations for the predicted Ulta Beauty price change compared to its average price change.

About Ulta Beauty Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ulta Beauty on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ulta Beauty based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ulta Beauty stock first instead of the macroeconomic environment surrounding Ulta Beauty. By analyzing Ulta Beauty's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ulta Beauty's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ulta Beauty specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2020 2022 (projected)
PPandE Turnover6.19.067.37
Calculated Tax Rate38.123.9232.32

Ulta Beauty August 8, 2022 Technical Indicators

Most technical analysis of Ulta Beauty help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ulta Beauty from various momentum indicators to cycle indicators. When you analyze Ulta Beauty charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Ulta Beauty August 8, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Ulta Beauty stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Also, please take a look at World Market Map. Note that the Ulta Beauty information on this page should be used as a complementary analysis to other Ulta Beauty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Ulta Beauty Stock analysis

When running Ulta Beauty price analysis, check to measure Ulta Beauty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ulta Beauty is operating at the current time. Most of Ulta Beauty's value examination focuses on studying past and present price action to predict the probability of Ulta Beauty's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ulta Beauty's price. Additionally, you may evaluate how the addition of Ulta Beauty to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Is Ulta Beauty's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ulta Beauty. If investors know Ulta Beauty will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ulta Beauty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.54
Market Capitalization
19.6 B
Quarterly Revenue Growth YOY
0.21
Return On Assets
0.18
Return On Equity
0.61
The market value of Ulta Beauty is measured differently than its book value, which is the value of Ulta Beauty that is recorded on the company's balance sheet. Investors also form their own opinion of Ulta Beauty's value that differs from its market value or its book value, called intrinsic value, which is Ulta Beauty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ulta Beauty's market value can be influenced by many factors that don't directly affect Ulta Beauty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ulta Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine Ulta Beauty value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ulta Beauty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.