USA COMPRESSION PARTNERS LP (USAC) Stock Technical Analysis
NYSE:USAC - US90290N1090
24.06 USD
-0.09 (-0.37%)
24.06 USD
0 (0%)
Overall USAC gets a technical rating of 1 out of 10. USAC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, USAC is a bad performer in the overall market: 61% of all stocks are doing better.
In the last month USAC has a been trading in the 22.88 - 24.61 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
USAC is an average performer in the Energy Equipment & Services industry, it outperforms 53% of 61 stocks in the same industry.
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.
Although the technical rating is bad, USAC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 24.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for USAC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
21.32
26.57
We found 3 important support areas.
- Support @24.02 from a trend line in the daily time frame.
- A support zone ranging from 22.92 to 23.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.54 to 21.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 24.07 to 24.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.58 to 26.31. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for USAC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for USAC is neutral. |
| ChartMill Relative Strength | 39.4 | NEUTRAL | USAC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of USAC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of USAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of USAC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.04 | NEUTRAL | The RSI value for USAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests USAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.75 | NEUTRAL | The Stochastics value for USAC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for USAC suggests some volalility. |
| Average Directional Index/ADX (14) | 10.56 | NEGATIVE | The low ADX value for USAC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
24.06
-0.09 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.37%
1 Week-1.39%
2 Weeks-0.66%
1 Month3.8%
3 Month-4.52%
6 Month-10.95%
12 Month6.89%
2 Year13.38%
3 Year33.22%
5 Year117.93%
10 Year20.3%
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%2.14%
ATR Inc-28.89%
Range Today0.39
ADR(20)0.49
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.4
Mansfield-1.01
10 Day High24.61
10 Day Low23.65
20 Day High24.61
20 Day Low22.88
52 Week High30.1
52 Week Low21.24
CS1 End24.02
CR1 Start24.07
Volume & EV
DER(3)4.81%
DER(5)2.34%
Volume274.80K
Volume Incr-10.46%
Vol(5)133.44K
Vol(50)183.72K