AMERICAS GOLD AND SILVER COR (USAS) Technical Analysis
NYSEARCA:USAS • CA03062D8035
Current stock price
USAS Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to USAS. Although USAS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that USAS is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by USAS over the past year are nicely spread over this period.
- USAS is part of the Metals & Mining industry. There are 163 other stocks in this industry. USAS outperforms 95% of them.
- In the last month USAS has a been trading in the 5.16 - 6.98 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- USAS has an average volume of 6260750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- USAS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so USAS is lagging the market.
- Considerably lower volume is observed in the last couple of days.
USAS Weekly and Daily overview Charts
USAS Setup Rating and Analysis
Although the technical rating is only medium, USAS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.49, a Stop Loss order could be placed below this zone.
More info and screens
USAS Support and Resistance Analysis
5.00
We found 2 important support areas.
- A support zone ranging from 5.37 to 5.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.05 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.56 to 6.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
USAS 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 | NEUTRAL | NEUTRAL | The long term trend for USAS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for USAS is down. |
| ChartMill Relative Strength | 97.48 | POSITIVE | USAS has a high relative strength, it outperformed 97.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of USAS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of USAS is below a declining 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) | 47.04 | NEUTRAL | The RSI value for USAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests USAS has a positive trend. |
| Stochastics (14,3) | 19.03 | OVERSOLD | The low Stochastics value suggests USAS may be oversold. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for USAS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.64 | NEGATIVE | The low ADX value for USAS suggests a weak or negative trend. |
USAS Chart- and CandleStick Pattern Analysis
USAS Technicals: Chart, Performance Metrics, Trend & Indicators
5.87
+0.15 (+2.62%)
AMERICAS GOLD AND SILVER COR / USAS TA FAQ
What is the technical rating for USAS stock?
ChartMill assigns a technical rating of 5 / 10 to USAS.
What is the trend direction for USAS stock?
The current trend direction for AMERICAS GOLD AND SILVER COR (USAS) is Bearish.
Can you provide the RSI signal for AMERICAS GOLD AND SILVER COR?
AMERICAS GOLD AND SILVER COR (USAS) has an RSI value of 47.0398. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AMERICAS GOLD AND SILVER COR?
The short term momentum for AMERICAS GOLD AND SILVER COR (USAS) is negative.