LIBERTY ALL STAR EQUITY FUND (USA)       6.18  0 (0%)

6.18  0 (0%)

US5301581048

Technical Rating

5

Overall USA gets a technical rating of 5 out of 10. In the past year, USA was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.



The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, USA turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
In the last month USA has a been trading in the 5.78 - 6.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
USA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 1.48% -0.64% -11.33% -21.57% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 43.29 5.41 - 8.495
USA Weekly chart
USA Daily chart

Support/Resistance Analysis


5.45

7.15
When analyzing the support we can see 2 important areas.
  • A support zone ranging from 6.09 to 6.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 5.51 to 5.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
  • A resistance zone ranging from 6.19 to 6.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 6.90 to 7.08. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

7

Although the technical rating is only medium, USA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.15, a Stop Loss order could be placed below this zone.


USA Daily chart

LIBERTY ALL STAR EQUITY FUND6.18

NYSE:USA (11/28/2022, 7:24:59 PM)0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A
Performance
Today 0% 1 Week -0.8%
2 Weeks -2.83% 1 Month 1.48%
3 Month -0.64% 6 Month -11.33%
Volatility
ATR(14) 0.16 ATR(20)% 2.45%
ATR Inc -42.72% Range Today 0.09
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 43.29 Mansfield -0.63
10 Day High 6.56 10 Day Low 6.13
20 Day High 6.56 20 Day Low 5.78
52 Week High 8.49 52 Week Low 5.41
CS1 End 6.15 CR1 Start 6.19
Volume & EV
DER(3) 1.82% DER(5) 1.01%
Volume 751.70K Volume Incr -10.47%
Vol(5) 732.58K Vol(50) 791.78K

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