MAMMOTH ENERGY SERVICES INC (TUSK) Stock Technical Analysis
USA - NASDAQ:TUSK - US56155L1089 - Common Stock
Taking everything into account, TUSK scores 0 out of 10 in our technical rating. TUSK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, TUSK does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.16. Right above this resistance zone may be a good entry point.
More info and screens
2.03
3 important resistance areas can be observed.
- A resistance zone ranging from 2.16 to 2.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.50 from a trend line in the weekly time frame.
- Resistance @2.89 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TUSK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TUSK is down. |
| ChartMill Relative Strength | 9.55 | NEGATIVE | TUSK has a low relative strength, it was outperformed by 90.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TUSK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TUSK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TUSK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.25 | NEUTRAL | The RSI value for TUSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TUSK has a negative trend. |
| Stochastics (14,3) | 24.19 | NEUTRAL | The Stochastics value for TUSK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for TUSK suggests some volalility. |
| Average Directional Index/ADX (14) | 33.69 | POSITIVE | The high ADX value value for TUSK suggests a strong trend. |
2.05
-0.1 (-4.65%)
MAMMOTH ENERGY SERVICES INC / TUSK FAQ
What is the ChartMill technical rating of MAMMOTH ENERGY SERVICES INC (TUSK) stock?
ChartMill assigns a technical rating of 0 / 10 to TUSK.
What is the trend direction for TUSK stock?
The current trend direction for MAMMOTH ENERGY SERVICES INC (TUSK) is Bearish.
What is the RSI signal for MAMMOTH ENERGY SERVICES INC (TUSK) stock?
MAMMOTH ENERGY SERVICES INC (TUSK) has an RSI value of 38.2519. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MAMMOTH ENERGY SERVICES INC?
The MACD indicator for MAMMOTH ENERGY SERVICES INC (TUSK) has a value of -0.0070417, indicating a bearish trend.
What is the buy/sell signal for TUSK stock?
The buy/sell signal for MAMMOTH ENERGY SERVICES INC (TUSK) is sell as both the short term and long term trends are negative.