NASDAQ:USEG - Nasdaq - US9118053076 - Common Stock - Currency: USD
Taking everything into account, USEG scores 3 out of 10 in our technical rating. USEG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
USEG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
1.03
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for USEG is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for USEG is neutral. |
ChartMill Relative Strength | 47.36 | NEUTRAL | USEG is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of USEG is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of USEG is above a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of USEG is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 49.4 | NEUTRAL | The RSI value for USEG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests USEG has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 33.91 | NEUTRAL | The Stochastics value for USEG is a neutral value. |
Average True Range in percent/ATR (20) | 7.46 | HIGH VOLATILITY | The high ATR as a percentage value for USEG suggests high volalility. |
Average Directional Index/ADX (14) | 26.54 | POSITIVE | The high ADX value value for USEG suggests a strong trend. |
1.23
-0.05 (-3.91%)