Ultrapar: 7th week, +7.2% near its highs
Ultrapar stock climbs 7.2%, back within reach of its all-time highs
Our view last week
Ultrapar shares climb 3.2% after last week's pullback, with a 7% bounce off the 20-day average pushing the stock back within reach of its all-time highs. The week still carries 2 warnings: sellers keep showing up in the candle, and buyer dominance is fading. Weekly technical analysis backs the bullish picture, with an IQS of 54 as the buy signal's 6th week opens the model's first management window.
This week's summary
Ultrapar stock climbs 7.2% this week and moves back within reach of its all-time high, with the weekly RSI up at 70.2 and the MACD sitting above its Signal line. The buy signal is in its 7th week and signal strength rises to 70 out of 100, a wide move, not a timid rally. With price this close to the highs, there's little room to run before the next historical resistance.
IQS Phase
73
in tension
Signal Strength
70
high · wide move
Sizing
FULL
Ranking
#3 / 5
Rest of the World stocks in progress
Trade P&L %
+25.61%
from signal to date, no stop loss
Rank position
ranks 3rd among the 5 Longs already running for titoli resto del mondo in our ranking, with a signal strength of 70 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimein strong phase
Performanceweekly -0.15% · monthly +3.51%
UGPA3 belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified in strong phase according to our weekly reading.
restricted Platinum content