USA TRUCK INC (USAK) Technical Analysis
NASDAQ:USAK • US9029251066
Current stock price
USAK Technical Rating and Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- USAK is one of the better performing stocks in the Ground Transportation industry, it outperforms 100% of 42 stocks in the same industry.
- USAK is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- 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.
USAK Weekly and Daily overview Charts
USAK Setup Rating and Analysis
Although USAK has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
USAK Support and Resistance Analysis
30.77
We found 1 important support 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.
When analyzing the resistance we notice one important 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.
USAK 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for USAK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for USAK is up. |
| ChartMill Relative Strength | 99.79 | POSITIVE | USAK has a high relative strength, it outperformed 99.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USAK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USAK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of USAK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.45 | OVERBOUGHT | The high RSI value suggests USAK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests USAK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 93.44 | OVERBOUGHT | The high Stochastics value suggests USAK may be overbought. |
| Average True Range in percent/ATR (20) | 0.32 | LOW VOLATILITY | The low ATR as a percentage value for USAK suggests low volalility. |
| Average Directional Index/ADX (14) | 68.78 | POSITIVE | The high ADX value value for USAK suggests a strong trend. |
USAK Chart- and CandleStick Pattern Analysis
USAK Technicals: Chart, Performance Metrics, Trend & Indicators
31.71
+0.01 (+0.03%)
USA TRUCK INC / USAK TA 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.
Can you provide the RSI signal for USA TRUCK INC?
USA TRUCK INC (USAK) has an RSI value of 77.4535. This indicates that the stock is currently overbought.
What is the MACD signal for USAK stock?
The MACD indicator for USA TRUCK INC (USAK) has a value of -0.0566512, indicating a bearish trend.
What is the buy/sell signal for USAK stock?
The buy/sell signal for USA TRUCK INC (USAK) is buy as both the short term and long term trends are positive.