UNITED STATES ANTIMONY CORP (UAMY) Stock Technical Analysis
NYSEARCA:UAMY - NYSE Arca - US9115491030 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to UAMY. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month UAMY has a been trading in the 2.33 - 3.84 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that UAMY is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by UAMY over the past year are nicely spread over this period.
UAMY is one of the better performing stocks in the Metals & Mining industry, it outperforms 100% of 153 stocks in the same industry.
UAMY has an average volume of 3952890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
UAMY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UAMY is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although UAMY has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.86
3.81
When analyzing the support we can see 2 important areas.
- Support @2.13 from a trend line in the weekly time frame.
- Support @1.88 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.53 to 2.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.72 to 2.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.77 from a horizontal 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 | UP | POSITIVE | The long term trend for UAMY is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UAMY is down. |
| ChartMill Relative Strength | 99.52 | POSITIVE | UAMY has a high relative strength, it outperformed 99.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UAMY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UAMY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UAMY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.18 | NEUTRAL | The RSI value for UAMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests UAMY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.7 | OVERSOLD | The low Stochastics value suggests UAMY may be oversold. |
| Average True Range in percent/ATR (20) | 11.3 | HIGH VOLATILITY | The high ATR as a percentage value for UAMY suggests high volalility. |
| Average Directional Index/ADX (14) | 20.41 | NEUTRAL | The ADX value for UAMY suggests a possible start of a new 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)
2.42
-0.15 (-5.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.84%
1 Week-7.63%
2 Weeks-6.2%
1 Month-26.44%
3 Month75.36%
6 Month216.51%
12 Month572.22%
2 Year656.25%
3 Year504.4%
5 Year624.77%
10 Year198.77%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%11.3%
ATR Inc-38.97%
Range Today0.23
ADR(20)0.27
ADR(20)%11.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.52
Mansfield7.46
10 Day High2.86
10 Day Low2.37
20 Day High3.84
20 Day Low2.33
52 Week High3.86
52 Week Low0.27
CS1 End2.13
CR1 Start2.53
Volume & EV
DER(3)0.13%
DER(5)-1.24%
Volume2.77M
Volume Incr-46.07%
Vol(5)2.18M
Vol(50)3.95M