Ultralife Corporation (ULBI) Forms Bullish Double Top Chart Pattern Trading at $9.60

June 29, 2018 - By Alberto Lyles

Ultralife Corporation (NASDAQ:ULBI) Corporate Logo

Big Money Sentiment increased to 1.33 in 2018 Q1. It has change of 0.18, from 2017Q4’s 1.15. The ratio is positive due to Ultralife Corporation positioning: 2 sold and 10 reduced. 10 funds took holdings and 6 increased holdings. Investors holded 4.26 million in 2017Q4 but now own 4.83 million shares or 13.41% more.
Moreover, Wellington Gp Ltd Liability Partnership has 0% invested in Ultralife Corporation (NASDAQ:ULBI) for 821,971 shs. Cap Limited Limited Co holds 580 shs or 0% of its capital. Morgan Stanley holds 0% or 8,717 shs. Dimensional Fund Advsr Ltd Partnership holds 0% or 976,109 shs. New York-based Fincl Bank Of Mellon has invested 0% in Ultralife Corporation (NASDAQ:ULBI). Shikiar Asset Inc accumulated 0.12% or 26,000 shs. Acadian Asset Management Ltd Liability Corp accumulated 37,447 shs or 0% of the stock. Bridgeway Cap reported 0.03% in Ultralife Corporation (NASDAQ:ULBI). Wg Shaheen And Associates Dba Whitney And stated it has 0% in Ultralife Corporation (NASDAQ:ULBI). Essex Invest Com Ltd Com reported 116,127 shs stake. Thomson Horstmann Bryant Incorporated holds 0.52% or 396,767 shs in its capital. Vanguard Grp Incorporated reported 307,493 shs or 0% of all its holdings. Manatuck Hill Prns Ltd Co has 0.69% invested in Ultralife Corporation (NASDAQ:ULBI) for 130,801 shs. Barclays Public Llc accumulated 0% or 36 shs. Saturna Cap reported 0% in Ultralife Corporation (NASDAQ:ULBI).

Ultralife Corporation registered $20,350 net activity with 1 buy and 0 selling transactions since May 11, 2018.

Ultralife Corporation (ULBI) chart has a double top chart setup with $10.27 target. That’s 7.00 % above today’s $9.60 stock price. The $152.88 million company points out low risk because of the 6 months chart setup. Finviz.com announced this chart setup on Jun, 29. At our $10.27 target, the company worth will be $10.70M more.

The stock increased 1.59% or $0.15 during the last trading session, hitting $9.6.Currently Ultralife Corporation is uptrending after 57.50% change in last June 29, 2017. ULBI has 2,728 shares volume. ULBI outperformed the S&P 500 by 44.93%.

Ultralife Corporation (NASDAQ:ULBI) Institutional Investors Chart

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