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Ultratech - UTEK - delete

|Includes: Ultratech, Inc. (UTEK)

This morning we're cuttingUltratech (NASDAQ:UTEK) loose from the Barchart Van Meerten New High portfolio for performance issues:

  • New lows in 10 of the 20 recent sessions
  • 14.14% loss in the last month
  • 40% Barchart short term sell signal
  • Trading below its 20 and 50 day moving averages
  • Relative Strength Index is .39.36% and falling

Jim Van Meerten is an investor who writes on investing here and on Barchart Portfolio Blogs. Please leave a comment below or email

Disclosure: No position at the time of publication