Ultralife Corp (ULBI) Stock: What Does the Chart Say Monday?

Overall market sentiment has been high on Ultralife Corp (ULBI) stock lately. ULBI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Ultralife Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ULBI!

See Full ULBI Report

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With ULBI Stock Today?

Ultralife Corp (ULBI) stock is trading at $10.79 as of 10:34 AM on Monday, Oct 16, an increase of $0.12, or 1.12% from the previous closing price of $10.67. The stock has traded between $10.50 and $11.10 so far today. Volume today is below average. So far 90,298 shares have traded compared to average volume of 134,664 shares.

More About Ultralife Corp

Ultralife Corp provides products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government and defense, medical, safety and security, energy, and industrial sectors. The company design, manufacture, install and maintain power and communications systems including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom-engineered systems. The company's segments include Battery and Energy Products, and Communications Systems. It generates maximum revenue from Battery and Energy Products segment. Click Here to get the full Stock Report for Ultralife Corp stock.