USA RARE EARTH INC (USAR) Stock Technical Analysis
NASDAQ:USAR - Nasdaq - US91733P1075 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to USAR. In the last year, USAR was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of USAR is bad and it also does not present a 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.
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8.68
When analyzing the support we notice one important area.
- Support @8.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.78 to 9.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 USAR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for USAR is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | USAR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of USAR is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 45.51 | NEUTRAL | The RSI value for USAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests USAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.67 | NEUTRAL | The Stochastics value for USAR is a neutral value. |
| Average True Range in percent/ATR (20) | 10.64 | HIGH VOLATILITY | The high ATR as a percentage value for USAR suggests high volalility. |
| Average Directional Index/ADX (14) | 10.9 | NEGATIVE | The low ADX value for USAR suggests a weak or negative trend. |
9.3
+0.19 (+2.09%)