USA Technologies Inc (USAT)
We assign a technical rating of 10 out of 10 to USAT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, USAT is showing a nice and steady performance.
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, USAT did better than 90% of all other stocks. We also observe that the gains produced by USAT over the past year are nicely spread over this period.
USAT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
USAT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, USAT also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 12.15, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.17
12.56
We found 4 important support areas.
- A support zone ranging from 12.05 to 12.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.50 from a trend line in the daily time frame.
- A support zone ranging from 11.05 to 11.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.23 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.37 to 12.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.08
Mansfield2.16
10 Day High12.94
10 Day Low11.61
20 Day High12.94
20 Day Low10.64
52 Week High12.94
52 Week Low3.29
Performance
1 Week-2.17%
2 Weeks1.16%
1 Month1.76%
3 Month17.37%
6 Month52.76%
12 Month195.15%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)56.74
LBB11.31
UBB12.97
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.45 | 12.04 | 0.41 (3.29%) | 25.00% |
| An entry @12.45. This is a Buy Stop order right above the resistance zone. | An exit @12.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.41 points, which is 3.29%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
- The distance between exit and entry is rather small compared to the average daily movement of USAT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
USA Technologies Inc
NASDAQ:USAT (4/16/2021, 8:39:33 PM)
After market: 12.1 -0.06 (-0.49%)12.16
+0.04 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.33%
1 Week-2.17%
2 Weeks1.16%
1 Month1.76%
3 Month17.37%
6 Month52.76%
12 Month195.15%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.52
ATR(20)%4.86%
ATR Inc
Range Today0.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.94
10 Day Low11.61
20 Day High12.94
20 Day Low10.64
52 Week High12.94
52 Week Low3.29
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume145.73K
Volume Incr-35.24%
Vol(5)289.41K
Vol(50)343.27K