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Ulta Higher With High Volume

ulta New York, January 5th (TradersHuddle.com) - Unusual high volume detected on shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA), early in the trading session. Ulta is currently trading higher by 4.38%, so definitely the buyers stepping in, as the stock's volume is on pace to break its average.

Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) is a beauty retailer that sells cosmetics, fragrances, skin and hair care products, and accessories. The Company also offers hair salon services, manicures, pedicures, massages, and other beauty & spa treatments.

Ulta has already traded 0.982 times its 3-month average volume, and has calculated support and resistance at $63.44 and $74.34 respectively. Traders like to use volume as their lie detector for price action moves through predefined trading ranges.

The overall market index S&P 500 is trading lower by -0.35% from its previous trading close, which means that Ulta stock is outperforming the overall market.



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Stock Market

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o Dow Jones 12,502.81 ▼1.67 (-0.01%)
o S&P 500 1,316.63 ▲0.64 (0.05%)
o NASDAQ 2,839.08 ▼8.13 (-0.29%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:12,502.81 Trade time:4:04PM EDT Value change:▼1.67 (-0.01%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:1,316.63 Trade time:4:32PM EDT Value change:▲0.64 (0.05%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:2,839.08 Trade time:5:16PM EDT Value change:▼8.13 (-0.29%)
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