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Shares of UCTT Down 45.4% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Ultra Clean Hold (NASDAQ:UCTT) on April 3rd, 2018 at $18.28. In approximately 7 months, Ultra Clean Hold has returned 45.39% as of today's recent price of $9.98.

In the past 52 weeks, Ultra Clean Hold share prices have been bracketed by a low of $9.53 and a high of $27.20 and are now at $9.98, 5% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.6% while the 200-day MA has slid 1.7%.

Ultra Clean Holdings, Inc. develops and supplies critical subsystems for the semiconductor capital equipment industry, focusing on gas delivery systems. These gas delivery systems enable the precise delivery of specialty gases used in a majority of the key steps in the semiconductor manufacturing process.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ultra Clean Hold.

Log in and add Ultra Clean Hold (UCTT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ultra clean hold

Ticker(s): UCTT