Monday, September 18, 2017

Ultra Clean -- added to New High Portfolio

Today I needed to add to my Barchart New High portfolio.  I used Barchart to sort today's All Time High list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more, then used the Flipchart feature to review the charts for consistency.  Ultra Clean (UCTT) looks good so I added 3232 shares at 27.45.



Barchart technical indicators:

  • 100% technical buy signals
  • 263.86% Weighted Alpha
  • 296.68% total return last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 18.24% in the last month
  • Relative Strength Index 68.81%
  • Technical support level at 26.08
  • Recently traded at 27.85 with a 50 day moving average of 23.14

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