USA - NYSE:USAC - US90290N1090
We assign a technical rating of 4 out of 10 to USAC. USAC has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
USAC has an average technical rating and also 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.
21.32
When analyzing the support we can see 2 important areas.
3 important resistance areas can be observed.
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 | 44.35 | 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) | DOWN | MIXED | The current price of USAC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of USAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.17 | NEUTRAL | The RSI value for USAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests USAC has a positive trend. |
| Stochastics (14,3) | 84.22 | OVERBOUGHT | The high Stochastics value suggests USAC may be overbought. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for USAC suggests some volalility. |
| Average Directional Index/ADX (14) | 27.11 | POSITIVE | The high ADX value value for USAC suggests a strong trend. |
23.75
-0.38 (-1.57%)
ChartMill assigns a technical rating of 4 / 10 to USAC.
The current trend direction for USA COMPRESSION PARTNERS LP (USAC) is Bearish.
USA COMPRESSION PARTNERS LP (USAC) has an RSI value of 57.1713. This indicates that the stock is currently neutral.
USA COMPRESSION PARTNERS LP (USAC) has a support level at 22.12 and a resistance level at 23.93. Check the full technical report for our detailed analysis of USAC support and resistance levels.