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.
- The long and short term trends are both positive. This is looking good!
- USAK is part of the Ground Transportation industry. There are 42 other stocks in this industry. USAK outperforms 100% of them.
- A new 52 week high is currently being made by USAK, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so USAK is leading 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
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.
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.
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.