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USA TRUCK INC (USAK) Stock Technical Analysis

USA - Nasdaq - NASDAQ:USAK - US9029251066 - Common Stock

31.71 USD
+0.01 (+0.03%)
Last: 9/14/2022, 8:00:51 PM
31.73 USD
+0.02 (+0.06%)
After Hours: 9/14/2022, 8:00:51 PM
Technical Rating and Analysis

9

Overall USAK gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, USAK is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
USAK is one of the better performing stocks in the Ground Transportation industry, it outperforms 100% of 42 stocks in the same industry.
A new 52 week high is currently being made by USAK, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
Looking at the yearly performance, USAK did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month USAK has a been trading in a tight range between 31.17 and 31.72.
Weekly and Daily overview Charts
USA TRUCK INC / USAK Weekly stock chart
USA TRUCK INC / USAK Daily stock chart
Setup Rating and Analysis

3

Although USAK has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

30.77

32.04

When analyzing the support we notice one important area.

  • A support zone ranging from 31.08 to 31.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 31.72 to 31.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IndicatorUPPOSITIVEThe long term trend for USAK is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for USAK is up.
ChartMill Relative Strength99.79POSITIVEUSAK has a high relative strength, it outperformed 99.79% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of USAK is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of USAK is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of USAK is above the rising SMA(200).
Relative Strength Index/RSI (14)77.45OVERBOUGHTThe high RSI value suggests USAK may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.06NEGATIVEThe MACD value suggests USAK has a negative trend, although the MACD value is rising.
Stochastics (14,3)93.44OVERBOUGHTThe high Stochastics value suggests USAK may be overbought.
Average True Range in percent/ATR (20)0.32LOW VOLATILITYThe low ATR as a percentage value for USAK suggests low volalility.
Average Directional Index/ADX (14)68.78POSITIVEThe high ADX value value for USAK suggests a strong trend.
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)
USA TRUCK INC / USAK Daily stock chart

USA TRUCK INC

NASDAQ:USAK (9/14/2022, 8:00:51 PM)

After market: 31.73 +0.02 (+0.06%)

31.71

+0.01 (+0.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg0.03%
1 Week1.02%
2 Weeks1.15%
1 Month1.47%
3 Month124.58%
6 Month39.32%
12 Month115.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.32%
ATR Inc5.11%
Range Today0.02
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
CRS99.79
3 months CRSN/A
6 months CRSN/A
Mansfield5.56
10 Day High31.72
10 Day Low31.29
20 Day High31.72
20 Day Low31.17
52 Week High31.72
52 Week Low14
CS1 End31.45
CR1 Start31.72
Volume & EV
DER(3)1.78%
DER(5)3.94%
Volume270.70K
Volume Incr124.05%
Vol(5)149.92K
Vol(50)141.73K

USA TRUCK INC / USAK FAQ

What is the ChartMill technical rating of USA TRUCK INC (USAK) stock?

ChartMill assigns a technical rating of 8 / 10 to USAK.


What is the current trend direction of USA TRUCK INC (USAK) stock?

The current trend direction for USA TRUCK INC (USAK) is Bullish.


What is the RSI signal for USA TRUCK INC (USAK) stock?

USA TRUCK INC (USAK) has an RSI value of 77.4535. This indicates that the stock is currently overbought.


What is the short term momentum for USA TRUCK INC (USAK) stock?

The short term momentum for USA TRUCK INC (USAK) is positive.


What is the support and resistance level for USAK stock?

USA TRUCK INC (USAK) has a support level at 31.45 and a resistance level at 31.72. Check the full technical report for our detailed analysis of USAK support and resistance levels.