Taking everything into account, USIO scores 5 out of 10 in our technical rating. USIO has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, USIO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for USIO in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.42 to 1.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.37 to 1.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.33 to 1.33. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.48 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 USIO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for USIO is up. |
| ChartMill Relative Strength | 53.96 | NEUTRAL | USIO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of USIO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.01 | NEUTRAL | The RSI value for USIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests USIO has a positive trend. |
| Stochastics (14,3) | 82.22 | OVERBOUGHT | The high Stochastics value suggests USIO may be overbought. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for USIO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.79 | NEGATIVE | The low ADX value for USIO suggests a weak or negative trend. |
1.47
+0.01 (+0.68%)
USIO INC / USIO FAQ
What is the technical rating for USIO stock?
ChartMill assigns a technical rating of 5 / 10 to USIO.
What is the trend direction for USIO stock?
The current trend direction for USIO INC (USIO) is Bearish.
What is the RSI signal for USIO stock?
USIO INC (USIO) has an RSI value of 57.01. This indicates that the stock is currently neutral.
What is the MACD signal for USIO stock?
The MACD indicator for USIO INC (USIO) has a value of 0.00861859, indicating a bearish trend.
What is the short term momentum for USIO stock?
The short term momentum for USIO INC (USIO) is positive.