AMERICAS GOLD AND SILVER COR (USAS) Stock Technical Analysis
USA - NYSEARCA:USAS - CA03062D8035 - Common Stock
We assign a technical rating of 9 out of 10 to USAS. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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
2.50
3 important support areas can be observed.
- A support zone ranging from 3.55 to 3.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.84 from a trend line in the daily time frame.
- Support @2.53 from a trend 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 | 97.89 | POSITIVE | USAS has a high relative strength, it outperformed 97.89% 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) | 41.74 | NEUTRAL | The RSI value for USAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests USAS has a negative trend. |
| Stochastics (14,3) | 10.54 | OVERSOLD | The low Stochastics value suggests USAS may be oversold. |
| Average True Range in percent/ATR (20) | 9.58 | HIGH VOLATILITY | The high ATR as a percentage value for USAS suggests high volalility. |
| Average Directional Index/ADX (14) | 25.17 | POSITIVE | The high ADX value value for USAS suggests a strong trend. |
3.59
-0.27 (-6.99%)
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 current trend direction of AMERICAS GOLD AND SILVER COR (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 41.7379. This indicates that the stock is currently neutral.
What are the support and resistance levels for AMERICAS GOLD AND SILVER COR (USAS) stock?
AMERICAS GOLD AND SILVER COR (USAS) has a support level at 3.58. Check the full technical report for our detailed analysis of USAS support and resistance levels.