UNITED STATES LIME & MINERAL (USLM) Stock Technical Analysis
NASDAQ:USLM - Nasdaq - US9119221029 - Common Stock - Currency: USD
Overall USLM gets a technical rating of 8 out of 10. Although USLM has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
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.
USLM is one of the better performing stocks in the Construction Materials industry, it outperforms 81% of 12 stocks in the same industry.
USLM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that USLM is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by USLM over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 7 months ago.
USLM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so USLM is lagging the market slightly.
USLM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 103.20. Right above this resistance zone may be a good entry point.
More info and screens
84.32
107.22
When analyzing the support we can see 4 important areas.
- A support zone ranging from 102.62 to 102.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @90.19 from a trend line in the weekly time frame.
- Support @87.28 from a trend line in the daily time frame.
- Support @85.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 103.20 to 106.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 USLM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for USLM is up. |
| ChartMill Relative Strength | 91.76 | POSITIVE | USLM has a high relative strength, it outperformed 91.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USLM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USLM is above the rising 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) | 59.08 | NEUTRAL | The RSI value for USLM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests USLM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.43 | OVERBOUGHT | The high Stochastics value suggests USLM may be overbought. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for USLM suggests some volalility. |
| Average Directional Index/ADX (14) | 32 | POSITIVE | The high ADX value value for USLM suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 106.17 | 102.61 | 3.56 (3.35%) | 25.00% |
| An entry @106.17. This is a Buy Stop order right above the resistance zone. | An exit @102.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.56 points, which is 3.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- The distance between exit and entry is rather small compared to the average daily movement of USLM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
102.63
-1.98 (-1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg-1.89%
1 Week-1.24%
2 Weeks3.68%
1 Month11.07%
3 Month7.82%
6 Month-31.46%
12 Month46.53%
2 Year182.85%
3 Year331.51%
5 Year591.95%
10 Year764.03%
15 Year1215.77%
Volatility
ATR(14)3.29
ATR(20)%3.36%
ATR Inc-27.76%
Range Today1.43
ADR(20)3.33
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.76
Mansfield0.18
10 Day High105.32
10 Day Low98.05
20 Day High105.32
20 Day Low90.85
52 Week High159.53
52 Week Low64.25
CS1 End102.62
CR1 Start103.2
Volume & EV
DER(3)-0.3%
DER(5)0.34%
Volume69.20K
Volume Incr-10.25%
Vol(5)75.70K
Vol(50)88.25K