U S ENERGY CORP - DELAWARE (USEG) Stock Technical Analysis
USA - NASDAQ:USEG - US9118053076 - Common Stock
1.19 USD
-0.03 (-2.46%)
1.16 USD
-0.03 (-2.52%)
We assign a technical rating of 2 out of 10 to USEG. In the past year, USEG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
82% of all other stocks performed better in the past year than USEG.
USEG is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 66% of 211 stocks in the same industry do better.
USEG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month USEG has a been trading in the 1.10 - 1.32 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
USEG has a poor technical rating and the quality of the setup is also only medium 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
1.10
1.85
2 important support areas can be observed.
- Support @1.14 from a horizontal line in the daily time frame.
- A support zone ranging from 1.11 to 1.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.25 to 1.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.74 from a trend line in the weekly time frame.
- Resistance @1.83 from a trend line 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 | 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 | 18.36 | NEGATIVE | USEG has a low relative strength, it was outperformed by 81.64% off all stocks 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) | UP | POSITIVE | The current price of USEG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of USEG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.41 | NEUTRAL | The RSI value for USEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests USEG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.99 | NEUTRAL | The Stochastics value for USEG is a neutral value. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for USEG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for USEG suggests a possible start of a new 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)
1.19
-0.03 (-2.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.46%
1 Week-0.83%
2 Weeks-1.65%
1 Month0.85%
3 Month-7.03%
6 Month3.48%
12 Month-17.93%
2 Year-17.93%
3 Year-60.07%
5 Year-70.4%
10 Year-94.78%
15 Year-99.62%
Volatility
ATR(14)0.05
ATR(20)%4.89%
ATR Inc59.11%
Range Today0.05
ADR(20)0.06
ADR(20)%4.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.36
Mansfield-2.68
10 Day High1.26
10 Day Low1.1
20 Day High1.32
20 Day Low1.1
52 Week High6.4
52 Week Low0.98
CS1 End1.14
CR1 Start1.21
Volume & EV
DER(3)1.94%
DER(5)-3.59%
Volume491.20K
Volume Incr77.61%
Vol(5)582.36K
Vol(50)298.65K