USA COMPRESSION PARTNERS LP (USAC) Technical Analysis
NYSE:USAC • US90290N1090
We assign a technical rating of 8 out of 10 to USAC. Although USAC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- USAC is one of the lesser performing stocks in the Energy Equipment & Services industry. 79% of 60 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- USAC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so USAC is leading the market.
- In the last month USAC has a been trading in the 25.61 - 28.03 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 63% of them, which is more or less in line with the market.
Besides having an excellent technical rating, USAC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 27.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.47, a Stop Loss order could be placed below this zone.
More info and screens
21.62
5 important support areas can be observed.
- A support zone ranging from 27.09 to 27.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.92 from a horizontal line in the daily time frame.
- A support zone ranging from 23.64 to 23.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.50 from a horizontal line in the daily time frame.
- Support @21.84 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.54 to 27.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 63.11 | 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) | 59.72 | NEUTRAL | The RSI value for USAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests USAC has a negative trend. |
| Stochastics (14,3) | 87.85 | OVERBOUGHT | The high Stochastics value suggests USAC may be overbought. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for USAC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.62 | NEUTRAL | The ADX value for USAC suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.82 | 27.08 | 0.74 (2.66%) | 25.00% |
| An entry @27.82. This is a Buy Stop order right above the resistance zone. | An exit @27.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.74 points, which is 2.66%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%. |
- The distance between exit and entry is rather small compared to the average daily movement of USAC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
USAC Technicals: Chart, Performance Metrics, Trend & Indicators
27.48
-0.33 (-1.19%)
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 59.7231. 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 27.47 and a resistance level at 27.54. Check the full technical report for our detailed analysis of USAC support and resistance levels.