Unilever stock: buy or sell

UL stock price: $59.66 -0.43% At close on Jan 22nd, 2021

Updated on:
Jan 25th, 2021

2

Unilever stock brief

  • Unilever stock merely changed -0.43% to close at $59.66 on the stock market last Friday.
  • Unilever is presenting its earnings report on Thursday
  • Price is drawing a scaled uptrend since last October with higher tops and higher bottoms. This rally marked a 5.78% gain
  • Unilever PLC, together with its subsidiaries, operates in the fast-moving consumer goods industry worldwide.

Should I buy Unilever stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $UL stock a buy?

In the current situation of Unilever there is just one buy setup eligible:

Uptrend buy setup

Unilever stock continues to trend higher since last October and marked an amazing 5.78% gain. Price marked a local bottom in this uptrend at $57.12 in mid-December, and since then it bounced off a 4.45%. Now, it's only 6.35% away from breaking out over its last top and resume the uptrend. The new buy point is therefore at $63.45. If you decide to enter this trade, the suggested stop loss is at $57.11

Buy setupBuy pointStop lossRisk
Uptrend buy setup$63.45$57.1110.00%

Should I sell Unilever stock?

When is it time to sell Unilever?. In the same way as when we have to buy shares, determining when is appropiate time to sell is not a whimsical decision, and we must use our own trading strategy. We like very simple strategies to guide us on when is the best moment to sell a stock. Be aware that these strategies are not intended for selling short Unilever stock

As a rule of thumb, you should not keep an operation that results in greater losses than those expected upon purchase. The timing to sell your stock should always be determined by the stop-loss (automatic or manual)

Is it time to sell Unilever stock?

Currently, Unilever stock doesn't match any of our preferred sell setups, so if you own Unilever stock and your operation is in profit probably is not time to sell now

Unilever ratings

We don't have any rating published in the last 30 days for Unilever

Unilever stock analysis

Since last October, Unilever has been printing an uptrend that so far marked a gorgeous 5.78%. Rising highs and lows can be seen easily on a chart and how price offered very few buy points on the breakouts. Latest pullback was in mid-December, when price bounced at $57.12. Like in all uptrends, price needs to rest and currently price is moving in a range between $63.45 and $57.12

SMAs overview

UL stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $60.10 (0.74% above)
  • R2: $60.50 (1.41% above)
  • R3: $60.74 (1.81% above)
  • The current supports are:

  • S1: $59.04 (-1.04% below)
  • S2: $58.83 (-1.39% below)
  • S3: $58.70 (-1.61% below)
  • Bollinger bands

    The distance between the upper and lower bands is 4.51%, thus meaning that volatility is low. Reduced volatility is often the antecedent to a sudden movement (up or down), so we must be alert and manage our buy or sell orders correctly

    UL stock Bollinger Bands chart

    Relative strength index

    When the fluctuates for so long below 70 and above 30, without any indication of overbought and oversold, the indicator becomes of little use, and we are currently in such a case.

    UL stock RSI chart

    Unilever stock price history

    Unilever started trading priced at an adjusted price1 of $0.00 on Mar 1980. Since then, UL stock has risen by -, with an average of 0.00% per year. An investment of thousand dollars on Mar 1980 would have a value of $inf nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    UL stock price history chart

    Price target for Unilever stock

    Nobody can predict how much a stock will be priced in the future. Banks and financial organisations post their analysis predicting how a particular stock will performance in the future.

    The following table shows the price target released by analysts for the last 30 days. Again, these estimates are not direct recommendations for individual investors and must not be trusted blindly.

    We don't have any target price published in the previous 30 days for Unilever.

    Earnings and financials

    Unilever ($UL) will host the earnings call on Thursday.

    If you are a shareholder of Unilever stock, don't forget to double check your stop-loss, as earnings release date often has higher than usual volatility. Unilever's website probably has additional details.

    Unilever ($UL) hosted the quarterly shareholders event and presented the report last October.

    Unilever performance

    UL performance compared
    Company1m3m6m
    Unilever ($UL) 2.30% -2.90% -0.50%

    Disclaimer:
    The comments contained in this article are personal and not recommendations for you to buy or sell shares. The author of this article does not have any knowledge of the specific positions of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for educative motives only

    Unilever summary

    Friday, January 22nd, 2021
    Open$59.8
    Close$59.66
    Day range$59.54 - $60.02
    Previous close$59.92
    Session gain-0.43%
    Average true range$0.87
    50d mov avg$59.65
    100d mov avg$60.18
    200d mov avg$57.37
    Earnings dateJanuary 28th, 2021

    Frequently asked questions

    What is Unilever stock symbol?

    Unilever PLC is a public company trading in the US stock market with the UL symbol

    Is Unilever stock a buy or sell?

    Unilever had no ratings in the last 30 days Read the article to get additional tips on trading UL stock.

    Will UL go up?

    There were no forecasts published by market analysts in the last 30 days for Unilever.