AMERICAS GOLD AND SILVER COR (USAS) Stock Technical Analysis
NYSEARCA:USAS • CA03062D8035
We assign a technical rating of 10 out of 10 to USAS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, USAS is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that USAS is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, USAS also shows a nice and consistent pattern of rising prices.
- USAS is one of the better performing stocks in the Metals & Mining industry, it outperforms 97% of 157 stocks in the same industry.
- USAS has an average volume of 6438530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
- In the last month USAS has a been trading in the 5.91 - 10.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, USAS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
4.52
4 important support areas can be observed.
- Support @6.75 from a trend line in the daily time frame.
- Support @6.56 from a horizontal line in the daily time frame.
- Support @4.90 from a trend line in the daily time frame.
- Support @4.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @7.97 from a trend line in the daily time frame.
- Resistance @8.31 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 | UP | POSITIVE | The short term trend for USAS is up. |
| ChartMill Relative Strength | 99.52 | POSITIVE | USAS has a high relative strength, it outperformed 99.52% 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) | 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) | 52.32 | NEUTRAL | The RSI value for USAS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests USAS has a negative trend. |
| Stochastics (14,3) | 29.53 | NEUTRAL | The Stochastics value for USAS is a neutral value. |
| Average True Range in percent/ATR (20) | 11.27 | HIGH VOLATILITY | The high ATR as a percentage value for USAS suggests high volalility. |
| Average Directional Index/ADX (14) | 32.38 | POSITIVE | The high ADX value value for USAS suggests a strong trend. |
7.53
+0.35 (+4.87%)
AMERICAS GOLD AND SILVER COR / USAS FAQ
What is the technical rating for USAS stock?
ChartMill assigns a technical rating of 10 / 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 52.3173. This indicates that the stock is currently neutral.
What is the buy/sell signal for USAS stock?
The buy/sell signal for AMERICAS GOLD AND SILVER COR (USAS) is buy as both the short term and long term trends are positive.
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 6.75 and a resistance level at 7.97. Check the full technical report for our detailed analysis of USAS support and resistance levels.