UNITED STATES LIME & MINERAL (USLM) Stock Technical Analysis
NASDAQ:USLM • US9119221029
We assign a technical rating of 1 out of 10 to USLM. USLM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- USLM is one of the lesser performing stocks in the Construction Materials industry. 66% of 13 stocks in the same industry do better.
- USLM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When comparing the performance of all stocks over the past year, USLM turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- USLM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so USLM is lagging the market.
Although the technical rating is bad, USLM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 108.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 108.50, a Stop Loss order could be placed below this zone.
More info and screens
103.88
We found 2 important support areas.
- A support zone ranging from 107.28 to 108.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 104.93 to 105.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 108.88 to 108.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 129.82 to 131.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @135.39 from a horizontal line in the daily 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 USLM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for USLM is down. |
| ChartMill Relative Strength | 45.53 | NEUTRAL | USLM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of USLM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of USLM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of USLM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.24 | NEUTRAL | The RSI value for USLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests USLM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.33 | OVERSOLD | The low Stochastics value suggests USLM may be oversold. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for USLM suggests some volalility. |
| Average Directional Index/ADX (14) | 34.38 | POSITIVE | The high ADX value value for USLM suggests a strong trend. |
108.87
+1.4 (+1.3%)
UNITED STATES LIME & MINERAL / USLM FAQ
What is the technical rating for USLM stock?
ChartMill assigns a technical rating of 1 / 10 to USLM.
What is the current trend direction of UNITED STATES LIME & MINERAL (USLM) stock?
The current trend direction for UNITED STATES LIME & MINERAL (USLM) is Bearish.
Can you provide the RSI signal for UNITED STATES LIME & MINERAL?
UNITED STATES LIME & MINERAL (USLM) has an RSI value of 39.2429. This indicates that the stock is currently neutral.
Can you provide the MACD signal for UNITED STATES LIME & MINERAL?
The MACD indicator for UNITED STATES LIME & MINERAL (USLM) has a value of -0.299644, indicating a bearish trend.
Can you provide the buy/sell signal for UNITED STATES LIME & MINERAL?
The buy/sell signal for UNITED STATES LIME & MINERAL (USLM) is sell as both the short term and long term trends are negative.