Taking everything into account, TUSK scores 1 out of 10 in our technical rating. TUSK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TUSK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
1.70
When analyzing the support we notice one important area.
We can see 5 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for TUSK is neutral. |
| ChartMill Relative Strength | 11.87 | NEGATIVE | TUSK has a low relative strength, it was outperformed by 88.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TUSK is below the rising 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) | 45.65 | NEUTRAL | The RSI value for TUSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TUSK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.97 | NEUTRAL | The Stochastics value for TUSK is a neutral value. |
| Average True Range in percent/ATR (20) | 7.19 | HIGH VOLATILITY | The high ATR as a percentage value for TUSK suggests high volalility. |
| Average Directional Index/ADX (14) | 24.41 | NEUTRAL | The ADX value for TUSK suggests a possible start of a new trend. |
1.85
-0.07 (-3.65%)
ChartMill assigns a technical rating of 1 / 10 to TUSK.
The current trend direction for MAMMOTH ENERGY SERVICES INC (TUSK) is Bearish.
MAMMOTH ENERGY SERVICES INC (TUSK) has an RSI value of 45.6536. This indicates that the stock is currently neutral.
The MACD indicator for MAMMOTH ENERGY SERVICES INC (TUSK) has a value of 0.00149865, indicating a bearish trend.