Taking everything into account, USEG scores 0 out of 10 in our technical rating. USEG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 very little resistance above the current price.
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0.91
When analyzing the resistance we notice 4 important areas.
- Resistance @0.96 from a trend line in the daily time frame.
- A resistance zone ranging from 0.98 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.25 from a horizontal line in the daily time frame.
- Resistance @1.51 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 | 10.43 | NEGATIVE | USEG has a low relative strength, it was outperformed by 89.57% 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) | 38.79 | 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. |
| Stochastics (14,3) | 21.96 | NEUTRAL | The Stochastics value for USEG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for USEG suggests high volalility. |
| Average Directional Index/ADX (14) | 10.49 | NEGATIVE | The low ADX value for USEG suggests a weak or negative trend. |
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-0.02 (-2.58%)
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 38.7889. 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.