US GOLD CORP (USAU) Stock Technical Analysis
NASDAQ:USAU - Nasdaq - US90291C2017 - Common Stock - Currency: USD
Overall USAU gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, USAU is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that USAU is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, USAU also shows a nice and consistent pattern of rising prices.
USAU is one of the better performing stocks in the Metals & Mining industry, it outperforms 89% of 156 stocks in the same industry.
USAU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so USAU is performing more or less in line with the market.
In the last month USAU has a been trading in the 10.48 - 14.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
USAU has an excellent technical rating, but the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
7.64
12.66
4 important support areas can be observed.
- Support @12.00 from a horizontal line in the daily time frame.
- Support @9.73 from a trend line in the weekly time frame.
- Support @9.48 from a trend line in the daily time frame.
- A support zone ranging from 7.72 to 7.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.35 to 12.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for USAU is neutral. |
| ChartMill Relative Strength | 96.92 | POSITIVE | USAU has a high relative strength, it outperformed 96.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of USAU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USAU is above 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) | 52.13 | NEUTRAL | The RSI value for USAU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests USAU has a negative trend. |
| Stochastics (14,3) | 23.01 | NEUTRAL | The Stochastics value for USAU is a neutral value. |
| Average True Range in percent/ATR (20) | 6.36 | HIGH VOLATILITY | The high ATR as a percentage value for USAU suggests high volalility. |
| Average Directional Index/ADX (14) | 35.52 | POSITIVE | The high ADX value value for USAU suggests a strong 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)
12.31
+0.1 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.82%
1 Week-8%
2 Weeks-12.76%
1 Month17.91%
3 Month30.4%
6 Month83.46%
12 Month138.1%
2 Year176.63%
3 Year193.1%
5 Year83.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%6.36%
ATR Inc-39%
Range Today0.57
ADR(20)0.76
ADR(20)%6.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.92
Mansfield4.93
10 Day High14.09
10 Day Low11.86
20 Day High14.39
20 Day Low10.48
52 Week High14.39
52 Week Low4.71
CS1 End12
CR1 Start12.35
Volume & EV
DER(3)-1.78%
DER(5)-4.87%
Volume252.90K
Volume Incr-8.01%
Vol(5)334.22K
Vol(50)390.85K