USA COMPRESSION PARTNERS LP (USAC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:USAC - US90290N1090
We assign a technical rating of 7 out of 10 to USAC. USAC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although USAC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.32
2 important support areas can be observed.
- A support zone ranging from 23.37 to 24.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.54 to 22.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.26 to 25.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @28.79 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 | NEUTRAL | NEUTRAL | The long term trend for USAC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for USAC is up. |
| ChartMill Relative Strength | 62.84 | NEUTRAL | USAC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of USAC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.25 | NEUTRAL | The RSI value for USAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests USAC has a positive trend. |
| Stochastics (14,3) | 95.88 | OVERBOUGHT | The high Stochastics value suggests USAC may be overbought. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for USAC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.24 | NEUTRAL | The ADX value for USAC suggests a possible start of a new trend. |
25.25
+0.08 (+0.32%)
USA COMPRESSION PARTNERS LP / USAC FAQ
Can you provide the ChartMill technical rating for USA COMPRESSION PARTNERS LP?
ChartMill assigns a technical rating of 7 / 10 to USAC.
What is the current trend direction of USA COMPRESSION PARTNERS LP (USAC) stock?
The current trend direction for USA COMPRESSION PARTNERS LP (USAC) is Bearish.
What is the RSI signal for USA COMPRESSION PARTNERS LP (USAC) stock?
USA COMPRESSION PARTNERS LP (USAC) has an RSI value of 67.2466. This indicates that the stock is currently neutral.
What are the support and resistance levels for USA COMPRESSION PARTNERS LP (USAC) stock?
USA COMPRESSION PARTNERS LP (USAC) has a support level at 24.03 and a resistance level at 25.26. Check the full technical report for our detailed analysis of USAC support and resistance levels.