MAMMOTH ENERGY SERVICES INC (TUSK) Stock Technical Analysis
NASDAQ:TUSK - US56155L1089 - Common Stock
2.33 USD
-0.03 (-1.27%)
2.33 USD
0 (0%)
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TUSK is a bad performer in the overall market: 92% of all stocks are doing better.
TUSK is one of the lesser performing stocks in the Energy Equipment & Services industry. 78% of 61 stocks in the same industry do better.
TUSK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TUSK has a been trading in the 2.11 - 2.55 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, TUSK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.38. Right above this resistance zone may be a good entry point.
More info and screens
2.17
4.78
3 important support areas can be observed.
- Support @2.30 from a trend line in the weekly time frame.
- A support zone ranging from 2.23 to 2.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.19 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.38 to 2.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.68 to 2.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.78 from a trend line in the daily time frame.
- Resistance @4.73 from a horizontal line in the weekly 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 | 8.68 | NEGATIVE | TUSK has a low relative strength, it was outperformed by 91.32% 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) | 43.76 | NEUTRAL | The RSI value for TUSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TUSK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.45 | NEUTRAL | The Stochastics value for TUSK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for TUSK suggests some volalility. |
| Average Directional Index/ADX (14) | 25.7 | POSITIVE | The high ADX value value for TUSK suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.33
-0.03 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-1.27%
1 Week-1.69%
2 Weeks2.64%
1 Month-7.91%
3 Month-13.38%
6 Month18.27%
12 Month-36.16%
2 Year-49.78%
3 Year-31.67%
5 Year45.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%4.99%
ATR Inc-61.45%
Range Today0.06
ADR(20)0.11
ADR(20)%4.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.68
Mansfield-2.68
10 Day High2.45
10 Day Low2.22
20 Day High2.55
20 Day Low2.11
52 Week High4.9
52 Week Low1.68
CS1 End2.3
CR1 Start2.38
Volume & EV
DER(3)-5.83%
DER(5)-4.85%
Volume64.65K
Volume Incr-37.37%
Vol(5)63.69K
Vol(50)94.34K