US Stock In Play: $UTZ (Utz Brands Inc)

7 thg 5, 2021

UTZ broke out of its Ascending Triangle chart pattern with no attempts of shaking out its short term position traders in its price action, rallying +13.77% to its all time high of $30.09. UTZ closed the recent trading session with a -3.79% day loss, marking its first volatile session in the month of May.

At the current junction, UTZ remains trading above all its major moving averages with confirmation that its next quarterly earnings report will be published on Thursday, May 13th, 2021. The immediate minor support to watch for UTZ is at $28.

UTZ manufacturers, markets, and distributes snacking products in the United States. It offers a range of salty snacks, including potato chips, pretzels, cheese snacks, veggie snacks, pork skins, pub/party mixes, and other snacks under the Utz, Zapp’s, ON THE BORDER, Golden Flake, Good Health, Boulder Canyon, Hawaiian, and TORTIYAHS brands.

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