Logo image of USAG

United States Agriculture Index (USAG) Stock Technical Analysis

USA - NYSEARCA:USAG -

15.53
-0.15 (-0.96%)
Last: 9/6/2018, 8:04:02 PM
Technical Rating and Analysis

0

Taking everything into account, USAG scores 0 out of 10 in our technical rating. USAG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
77% of all other stocks performed better in the past year than USAG.
USAG is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
Warning: USAG has an average volume of 442 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month USAG has a been trading in a tight range between 15.53 and 16.30.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
United States Agriculture Index / USAG Weekly stock chart
United States Agriculture Index / USAG Daily stock chart
Setup Rating and Analysis

2

The technical rating of USAG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

15.36

18.00

When analyzing the support we notice one important area.

  • A support zone ranging from 15.52 to 15.52. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 15.75 to 16.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 17.25 to 17.41. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Resistance @17.82 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for USAG is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for USAG is down.
ChartMill Relative Strength23.25NEGATIVEUSAG has a low relative strength, it was outperformed by 76.75% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of USAG is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of USAG is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of USAG is below a declining SMA(200).
Relative Strength Index/RSI (14)33.63NEUTRALThe RSI value for USAG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests USAG has a negative trend.
Stochastics (14,3)3.38OVERSOLDThe low Stochastics value suggests USAG may be oversold.
Average True Range in percent/ATR (20)0.54LOW VOLATILITYThe low ATR as a percentage value for USAG suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
United States Agriculture Index / USAG Daily stock chart

United States Agriculture Index

NYSEARCA:USAG (9/6/2018, 8:04:02 PM)

15.53

-0.15 (-0.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.96%
1 Week-1.83%
2 Weeks-3.06%
1 Month-3.96%
3 Month-10.64%
6 Month-10.37%
12 Month-3.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.54%
ATR Inc114.41%
Range Today0.26
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.25
Mansfield-1.32
10 Day High15.82
10 Day Low15.53
20 Day High16.3
20 Day Low15.53
52 Week High18.21
52 Week Low15.53
CS1 End15.52
CR1 Start15.75
Volume & EV
DER(3)-4.55%
DER(5)-2.73%
Volume1.10K
Volume Incr546.81%
Vol(5)1.52K
Vol(50)442