UNITED MARITIME CORP (USEA) Stock Technical Analysis
NASDAQ:USEA - Nasdaq - MHY923351016 - Common Stock - Currency: USD
Taking everything into account, USEA scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. USEA was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, USEA is a bad performer in the overall market: 87% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
USEA is part of the Marine Transportation industry. There are 32 other stocks in this industry, USEA did better than 41% of them.
USEA 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 USEA is lagging the market slightly.
In the last month USEA has a been trading in the 1.22 - 2.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
USEA has an average technical rating and it also does not offer a high quality setup 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
1.25
2.35
We found 1 important support area.
- A support zone ranging from 1.26 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.86 from a horizontal line in the daily time frame.
- Resistance @2.33 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for USEA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for USEA is up. |
| ChartMill Relative Strength | 13.77 | NEGATIVE | USEA has a low relative strength, it was outperformed by 86.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USEA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USEA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of USEA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.75 | NEUTRAL | The RSI value for USEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests USEA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.15 | NEUTRAL | The Stochastics value for USEA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for USEA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.19 | POSITIVE | The high ADX value value for USEA 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)
1.5
-0.08 (-5.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-5.06%
1 Week12.78%
2 Weeks15.43%
1 Month11.11%
3 Month0%
6 Month-18.03%
12 Month-42.96%
2 Year-44.85%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%5.91%
ATR Inc92.31%
Range Today0.1
ADR(20)0.08
ADR(20)%5.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.77
Mansfield-2.67
10 Day High2
10 Day Low1.28
20 Day High2
20 Day Low1.22
52 Week High2.78
52 Week Low1
CS1 End1.28
CR1 Start1.86
Volume & EV
DER(3)13.28%
DER(5)12.35%
Volume88.80K
Volume Incr2827.77%
Vol(5)686.85K
Vol(50)89.88K