U S Concrete Inc (USCR)

73.99  -0.01 (-0.01%)

After market: 74.04 +0.05 (+0.07%)

Technical Rating and Analysis

8

Overall USCR gets a technical rating of 8 out of 10. In the last year, USCR was one of the better performers, but we do observe some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that USCR is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by USCR over the past year are nicely spread over this period.
USCR is one of the better performing stocks in the Construction Materials industry, it outperforms 81% of 12 stocks in the same industry.
USCR 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.
In the last month USCR has a been trading in a tight range between 71.75 and 74.01.
Weekly and Daily overview Charts
USCR Weekly chart
USCR Daily chart
Setup Rating and Analysis

6

Although USCR 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.

Support and Resistance Analysis

52.71

76.45

5 important support areas can be observed.

  • A support zone ranging from 70.90 to 73.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @66.47 from a trend line in the weekly time frame.
  • Support @65.00 from a trend line in the daily time frame.
  • Support @55.08 from a horizontal line in the daily time frame.
  • Support @53.24 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 74.57 to 75.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS94.64
Mansfield2.41
10 Day High74.01
10 Day Low71.75
20 Day High74.01
20 Day Low71.75
52 Week High78.99
52 Week Low25.12
Performance
1 Week2.45%
2 Weeks0.58%
1 Month1.45%
3 Month29.83%
6 Month43.78%
12 Month165.58%
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)0.03
RSI(14)62.25
LBB71.49
UBB74.37
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
74.0271.742.28 (3.08%)25.00%
An entry @74.02. This is a Buy Stop order right above the 10 day high.An exit @71.74. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 2.28 points, which is 3.08%.For a 0.77% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
USCR Daily chart

U S Concrete Inc

NASDAQ:USCR (8/25/2021, 7:08:07 PM)

After market: 74.04 +0.05 (+0.07%)

73.99

-0.01 (-0.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg-0.01%
1 Week2.45%
2 Weeks0.58%
1 Month1.45%
3 Month29.83%
6 Month43.78%
12 Month165.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.6
ATR(20)%0.83%
ATR Inc
Range Today0.03
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 High74.01
10 Day Low71.75
20 Day High74.01
20 Day Low71.75
52 Week High78.99
52 Week Low25.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume573.70K
Volume Incr64.95%
Vol(5)419.82K
Vol(50)341.20K