U S ENERGY CORP - DELAWARE (USEG)

US9118053076 - Common Stock

1.43  +0.01 (+0.7%)

Technical Rating

1

Overall USEG gets a technical rating of 1 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.



In the last month USEG has a been trading in the 1.28 - 1.49 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
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.
93% of all other stocks performed better in the past year than USEG.
USEG is part of the Oil, Gas & Consumable Fuels industry. There are 375 other stocks in this industry, of which 86% are performing better than USEG.
USEG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so USEG is lagging the market.

Statistics

1 Month 3 Months 6 Months 12 Months 3.62% -36.44% -47.43% -65.46% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 7.33 1.22 - 5.28
USEG Weekly chart
USEG Daily chart

Support/Resistance Analysis


1.26

1.52
When analyzing the support we notice one important area.
  • A support zone ranging from 1.27 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
  • A resistance zone ranging from 1.44 to 1.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

Setup Analysis

Setup Rating

6

USEG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.44. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for USEG in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

USEG Daily chart

U S ENERGY CORP - DELAWARE

NASDAQ:USEG (5/26/2023, 7:00:02 PM)

1.43

+0.01 (+0.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.7%
1 Week2.14%
2 Weeks10%
1 Month3.62%
3 Month-36.44%
6 Month-47.43%
12 Month-65.46%
Volatility
ATR(14)0.06
ATR(20)%4.4%
ATR Inc30.39%
Range Today0.07
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.33
Mansfield-4.95
10 Day High1.49
10 Day Low1.3
20 Day High1.49
20 Day Low1.28
52 Week High5.28
52 Week Low1.22
CS1 End1.27
CR1 Start1.44
Volume & EV
DER(3)1.73%
DER(5)4.9%
Volume67.10K
Volume Incr-34.95%
Vol(5)55.56K
Vol(50)480.65K
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