Overall USEG gets a technical rating of 0 out of 10. USEG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, USEG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.97, a Stop Loss order could be placed below this zone.
More info and screens
0.94
When analyzing the support we notice one important area.
- A support zone ranging from 0.95 to 0.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.01 to 1.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.07 to 1.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.20 from a trend line in the daily time frame.
- Resistance @1.25 from a horizontal line in the daily time frame.
- Resistance @1.53 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 | DOWN | NEGATIVE | The long term trend for USEG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for USEG is down. |
| ChartMill Relative Strength | 11.18 | NEGATIVE | USEG has a low relative strength, it was outperformed by 88.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of USEG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of USEG is below a declining 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) | 42.36 | 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) | 38.07 | NEUTRAL | The Stochastics value for USEG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for USEG suggests high volalility. |
| Average Directional Index/ADX (14) | 11.3 | NEGATIVE | The low ADX value for USEG suggests a weak or negative trend. |
0.9771
-0.01 (-1.31%)
U S ENERGY CORP - DELAWARE / USEG FAQ
What is the technical rating for USEG stock?
ChartMill assigns a technical rating of 0 / 10 to USEG.
What is the trend direction for USEG stock?
The current trend direction for U S ENERGY CORP - DELAWARE (USEG) is Bearish.
What is the RSI signal for USEG stock?
U S ENERGY CORP - DELAWARE (USEG) has an RSI value of 42.3565. This indicates that the stock is currently neutral.
What is the short term momentum for U S ENERGY CORP - DELAWARE (USEG) stock?
The short term momentum for U S ENERGY CORP - DELAWARE (USEG) is negative.
Can you provide the buy/sell signal for U S ENERGY CORP - DELAWARE?
The buy/sell signal for U S ENERGY CORP - DELAWARE (USEG) is sell as both the short term and long term trends are negative.