Ultrapar Participacoes SA (UGP, $5.02) Moving Average Convergence Divergence (MACD) Histogram turned negative on April 30, 2024

A.I.dvisor
at Tickeron.com
05/01/24
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UGP - Ultrapar Participacoes SA
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $5.02
Daily change: -$0.18 (-3.46%)
Daily volume: 1M
Capitalization: $5.6B
Industry: Oil Refining/Marketing
This is a Bearish indicator signaling UGP's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 47 similar cases where UGP's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:
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UGPDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a holding company, which is involved in the distribution of liquid petroleum gas and in the production of chemicals

Industry OilRefiningMarketing

Profile
Fundamentals
Details
Industry
Oil Refining Or Marketing
Address
Brigadeiro Luis Antonio Avenue, 1343
Phone
+55 1131773820
Employees
10094
Web
https://www.ultra.com.br