USA COMPRESSION PARTNERS LP (USAC) Stock Technical Analysis
NYSE:USAC • US90290N1090
We assign a technical rating of 8 out of 10 to USAC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, USAC is only an average performer.
- USAC is one of the lesser performing stocks in the Energy Equipment & Services industry. 76% of 60 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month USAC has a been trading in the 24.32 - 27.20 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, USAC outperforms 47% of them, which is more or less in line with the market.
- USAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so USAC is lagging the market.
USAC has an excellent technical rating, but the quality of the setup is only medium 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
21.62
4 important support areas can be observed.
- A support zone ranging from 26.25 to 26.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.13 to 23.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.50 to 22.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.84 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 | UP | POSITIVE | The long term trend for USAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for USAC is up. |
| ChartMill Relative Strength | 47.44 | 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) | UP | POSITIVE | The current price of USAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.88 | NEUTRAL | The RSI value for USAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests USAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.6 | OVERBOUGHT | The high Stochastics value suggests USAC may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for USAC suggests some volalility. |
| Average Directional Index/ADX (14) | 25.53 | POSITIVE | The high ADX value value for USAC suggests a strong trend. |
26.6
+0.18 (+0.68%)
USA COMPRESSION PARTNERS LP / USAC FAQ
Can you provide the ChartMill technical rating for USA COMPRESSION PARTNERS LP?
ChartMill assigns a technical rating of 8 / 10 to USAC.
Can you provide the trend direction for USA COMPRESSION PARTNERS LP?
The current trend direction for USA COMPRESSION PARTNERS LP (USAC) is Bullish.
What is the RSI signal for USA COMPRESSION PARTNERS LP (USAC) stock?
USA COMPRESSION PARTNERS LP (USAC) has an RSI value of 62.8787. This indicates that the stock is currently neutral.
What is the short term momentum for USA COMPRESSION PARTNERS LP (USAC) stock?
The short term momentum for USA COMPRESSION PARTNERS LP (USAC) is positive.
What are the support and resistance levels for USA COMPRESSION PARTNERS LP (USAC) stock?
USA COMPRESSION PARTNERS LP (USAC) has a support level at 26.2. Check the full technical report for our detailed analysis of USAC support and resistance levels.