AMERICAS GOLD AND SILVER COR (USAS) Technical Analysis
NYSEARCA:USAS • CA03062D8035
We assign a technical rating of 9 out of 10 to USAS. In the last year, USAS was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, USAS did better than 99% of all other stocks. We also observe that the gains produced by USAS over the past year are nicely spread over this period.
- USAS is one of the better performing stocks in the Metals & Mining industry, it outperforms 98% of 157 stocks in the same industry.
- USAS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so USAS is performing more or less in line with the market.
- USAS has an average volume of 7452330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month USAS has a been trading in the 6.80 - 10.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although USAS 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
4.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.02 to 8.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.74 from a trend line in the daily time frame.
- Support @4.88 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.03 to 8.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.61 from a horizontal line in the daily time frame.
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 USAS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for USAS is neutral. |
| ChartMill Relative Strength | 99.28 | POSITIVE | USAS has a high relative strength, it outperformed 99.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of USAS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USAS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of USAS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.99 | NEUTRAL | The RSI value for USAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests USAS has a negative trend. |
| Stochastics (14,3) | 36.29 | NEUTRAL | The Stochastics value for USAS is a neutral value. |
| Average True Range in percent/ATR (20) | 9.08 | HIGH VOLATILITY | The high ATR as a percentage value for USAS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.87 | NEGATIVE | The low ADX value for USAS suggests a weak or negative trend. |
USAS Technicals: Chart, Performance Metrics, Trend & Indicators
8.03
-0.46 (-5.42%)
AMERICAS GOLD AND SILVER COR / USAS FAQ
What is the technical rating for USAS stock?
ChartMill assigns a technical rating of 9 / 10 to USAS.
What is the trend direction for USAS stock?
The current trend direction for AMERICAS GOLD AND SILVER COR (USAS) is Bullish.
What is the RSI signal for AMERICAS GOLD AND SILVER COR (USAS) stock?
AMERICAS GOLD AND SILVER COR (USAS) has an RSI value of 47.9894. This indicates that the stock is currently neutral.
What is the support and resistance level for USAS stock?
AMERICAS GOLD AND SILVER COR (USAS) has a support level at 8.02 and a resistance level at 8.03. Check the full technical report for our detailed analysis of USAS support and resistance levels.