US GOLD CORP (USAU) Stock Technical Analysis
NASDAQ:USAU - Nasdaq - US90291C2017 - Common Stock - Currency: USD
Taking everything into account, USAU scores 7 out of 10 in our technical rating. 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.
In the last month USAU has a been trading in the 10.90 - 13.20 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that USAU is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by USAU over the past year are nicely spread over this period.
USAU is one of the better performing stocks in the Metals & Mining industry, it outperforms 82% of 154 stocks in the same industry.
USAU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so USAU is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although USAU has an excellent technical rating, the quality of the presented setup is not ideal 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
7.89
13.13
4 important support areas can be observed.
- A support zone ranging from 11.17 to 11.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.30 from a trend line in the weekly time frame.
- Support @10.07 from a trend line in the daily time frame.
- Support @7.97 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @13.00 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 USAU is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for USAU is down. |
| ChartMill Relative Strength | 93.85 | POSITIVE | USAU has a high relative strength, it outperformed 93.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of USAU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of USAU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of USAU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.78 | NEUTRAL | The RSI value for USAU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests USAU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.68 | OVERSOLD | The low Stochastics value suggests USAU may be oversold. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for USAU suggests high volalility. |
| Average Directional Index/ADX (14) | 16.74 | NEGATIVE | The low ADX value for USAU suggests a weak or negative trend. |
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)
11.61
+0.42 (+3.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.75%
1 Week-4.05%
2 Weeks-9.44%
1 Month-4.91%
3 Month20.44%
6 Month57.74%
12 Month98.8%
2 Year159.15%
3 Year179.76%
5 Year42.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%5.59%
ATR Inc-31.38%
Range Today0.49
ADR(20)0.63
ADR(20)%5.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.85
Mansfield2.86
10 Day High12.9
10 Day Low10.9
20 Day High13.2
20 Day Low10.9
52 Week High14.39
52 Week Low4.71
CS1 End11.33
CR1 Start13
Volume & EV
DER(3)2.22%
DER(5)-3.43%
Volume253.90K
Volume Incr-32.51%
Vol(5)273.56K
Vol(50)375.59K