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UNITED STATES ANTIMONY CORP (NYSEARCA:UAMY) – A Minervini Trend Template Candidate

By Mill Chart

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UNITED STATES ANTIMONY CORP (NYSEARCA:UAMY) operates in the extraction and processing of antimony, zeolite, silver, and gold products. The company has shown strong technical performance, making it a potential candidate for traders following Mark Minervini’s Trend Template strategy.

What Makes a Minervini Stock?

Mark Minervini’s Trend Template identifies stocks in strong uptrends by focusing on price action, moving averages, and relative strength. Stocks that meet these criteria typically exhibit:

  • Price above key moving averages (50-day, 150-day, 200-day)
  • Upward-sloping moving averages
  • Strong relative strength (outperforming peers and the broader market)
  • Significant price appreciation from 52-week lows
  • Proximity to 52-week highs

Why UAMY Fits the Trend Template

Strong Technical Rating

UAMY has a perfect technical rating of 10/10, indicating robust price momentum. Key highlights from the technical analysis report include:

  • Price above all key moving averages:
    • 50-day SMA: $2.19 (rising)
    • 150-day SMA: $1.55 (rising)
    • 200-day SMA: $1.29 (rising)
  • Relative strength of 99.92, outperforming nearly all stocks in the market.
  • Significant price appreciation:
    • Up 1,339% from its 52-week low of $0.21.
    • Currently trading at $3.21, within 17% of its 52-week high ($3.86).

Positive Trends

  • Short-term and long-term trends are bullish.
  • Strong sector performance: UAMY outperforms 100% of stocks in the Metals & Mining industry.
  • High trading volume (avg. 3.34M shares/day), ensuring liquidity.

Support Levels

Key support zones provide downside protection:

  • $2.36 (daily trendline)
  • $1.90 (weekly trendline)
  • $1.68 (daily trendline)

Fundamental Considerations

While the Trend Template primarily focuses on technicals, UAMY also shows improving fundamentals:

  • Revenue growth (TTM): +71.8%
  • EPS growth (Q2Q): +70.1%
  • Free cash flow growth: +128.5%

Conclusion

UNITED STATES ANTIMONY CORP (NYSEARCA:UAMY) meets the key criteria of Minervini’s Trend Template, with strong technicals, upward momentum, and relative strength. Traders may consider further analysis to assess entry points and risk management.

For more detailed technical insights, review the full technical analysis report.

UAMY Stock Chart

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