Logo image of USAK

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. Both in the recent history as in the last year, USAK has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
USAK is part of the Ground Transportation industry. There are 43 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! However, this is in line with the S&P500, which is also trading near new highs.
When comparing the yearly performance of all stocks, we notice that USAK is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big 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 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.

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.


Can you provide the trend direction for USA TRUCK INC?

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 USAK stock?

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


What is the buy/sell signal for USA TRUCK INC (USAK) stock?

The buy/sell signal for USA TRUCK INC (USAK) is buy as both the short term and long term trends are positive.