US GOLD CORP (USAU)

US90291C2017 - Common Stock

4.35  -0.06 (-1.36%)

Technical Rating and Analysis

8

Taking everything into account, USAU scores 8 out of 10 in our technical rating. Although USAU is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
When compared to the yearly performance of all other stocks, USAU outperforms 64% of them, which is more or less in line with the market.
USAU is an average performer in the Metals & Mining industry, it outperforms 59% of 154 stocks in the same industry.
USAU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so USAU is lagging the market slightly.
In the last month USAU has a been trading in the 3.80 - 5.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
USAU Weekly chart
USAU Daily chart
Setup Rating and Analysis

7

USAU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 4.27, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for USAU in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

3.55

4.49

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 4.21 to 4.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 3.89 to 3.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @3.78 from a trend line in the daily time frame.
  • Support @3.59 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @4.35 from a trend line in the weekly time frame.
  • A resistance zone ranging from 4.44 to 4.45. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.38
Mansfield0.23
10 Day High4.49
10 Day Low3.95
20 Day High5
20 Day Low3.8
52 Week High5
52 Week Low2.92
Performance
1 Week-1.58%
2 Weeks-0.46%
1 Month6.27%
3 Month15.38%
6 Month25.72%
12 Month3.08%
2 Year-9.37%
3 Year-64.49%
5 Year-67.29%
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
RSI(14)55.92
LBB3.85
UBB4.53
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
4.364.200.16 (3.67%)25.00%
An entry @4.36. This is a Buy Stop order right above the resistance zone.An exit @4.20. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.16 points, which is 3.67%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%.

  • The distance between exit and entry is rather small compared to the average daily movement of USAU. 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.
USAU Daily chart

US GOLD CORP

NASDAQ:USAU (5/3/2024, 7:23:58 PM)

4.35

-0.06 (-1.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.36%
1 Week-1.58%
2 Weeks-0.46%
1 Month6.27%
3 Month15.38%
6 Month25.72%
12 Month3.08%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.26
ATR(20)%7.4%
ATR Inc
Range Today0.17
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 High4.49
10 Day Low3.95
20 Day High5
20 Day Low3.8
52 Week High5
52 Week Low2.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume22.50K
Volume Incr-54.04%
Vol(5)47.36K
Vol(50)67.16K