U S ENERGY CORP - DELAWARE (USEG) Technical Analysis
NASDAQ:USEG • US9118053076
Current stock price
USEG Technical Rating and Analysis
Taking everything into account, USEG scores 5 out of 10 in our technical rating. USEG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, USEG is a bad performer in the overall market: 78% of all stocks are doing better.
- USEG is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 83% of 209 stocks in the same industry do better.
- USEG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- USEG has an average volume of 11656200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month USEG has a been trading in the 0.66 - 1.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
USEG Weekly and Daily overview Charts
USEG Setup Rating and Analysis
USEG 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
USEG Support and Resistance Analysis
1.02
We can see 3 important resistance areas.
- A resistance zone ranging from 1.06 to 1.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.12 from a trend line in the weekly time frame.
- Resistance @1.15 from a horizontal line in the weekly time frame.
USEG Technical Indicator Signal Analysis
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 USEG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for USEG is up. |
| ChartMill Relative Strength | 22.61 | NEGATIVE | USEG has a low relative strength, it was outperformed by 77.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USEG is above 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) | 61.64 | NEUTRAL | The RSI value for USEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests USEG has a positive trend. |
| Stochastics (14,3) | 64.26 | NEUTRAL | The Stochastics value for USEG is a neutral value. |
| Average True Range in percent/ATR (20) | 10.01 | HIGH VOLATILITY | The high ATR as a percentage value for USEG suggests high volalility. |
| Average Directional Index/ADX (14) | 19.78 | NEGATIVE | The low ADX value for USEG suggests a weak or negative trend. |
USEG Chart- and CandleStick Pattern Analysis
USEG Technicals: Chart, Performance Metrics, Trend & Indicators
1.03
-0.03 (-2.83%)
U S ENERGY CORP - DELAWARE / USEG TA FAQ
What is the technical rating for USEG stock?
ChartMill assigns a technical rating of 5 / 10 to USEG.
Can you provide the trend direction for U S ENERGY CORP - DELAWARE?
The current trend direction for U S ENERGY CORP - DELAWARE (USEG) is Bearish.
What is the RSI signal for U S ENERGY CORP - DELAWARE (USEG) stock?
U S ENERGY CORP - DELAWARE (USEG) has an RSI value of 61.6421. This indicates that the stock is currently neutral.
What is the MACD signal for U S ENERGY CORP - DELAWARE (USEG) stock?
The MACD indicator for U S ENERGY CORP - DELAWARE (USEG) has a value of 0.0400588, indicating a bearish trend.