The technical summary data tells us to buy UTMD near 63.88 with an upside target of 68.77. This data also tells us to set a stop loss @ 63.7 to protect against excessive loss in case the stock begins to move against the trade. 63.88 is the first level of support below 66.31 , and by rule, any test of support is a buy signal. In this case, support 63.88 is being tested, a buy signal would exist.
The technical summary data is suggesting a short of UTMD as it gets near 68.77 with a downside target of 63.88. We should have a stop loss in place at 68.97though. 68.77 is the first level of resistance above 66.31, and by rule, any test of resistance is a short signal. In this case, if resistance 68.77 is being tested, a short signal would exist.