PRINCIPAL US MEGA-CAP ETF (USMC) Stock Technical Analysis
NASDAQ:USMC - US74255Y8701 - ETF
Overall USMC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, USMC is showing a nice and steady performance.
USMC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 66.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 65.81, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
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52.19
When analyzing the support we can see 4 important areas.
- A support zone ranging from 63.61 to 65.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.08 to 62.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @54.79 from a trend line in the weekly time frame.
- Support @52.72 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 66.15 to 66.15. 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 | UP | POSITIVE | The long term trend for USMC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for USMC is up. |
| ChartMill Relative Strength | 72.04 | POSITIVE | USMC has a high relative strength, it outperformed 72.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USMC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USMC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of USMC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.17 | NEUTRAL | The RSI value for USMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests USMC has a positive trend. |
| Stochastics (14,3) | 82.65 | OVERBOUGHT | The high Stochastics value suggests USMC may be overbought. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for USMC suggests low volalility. |
| Average Directional Index/ADX (14) | 30.94 | POSITIVE | The high ADX value value for USMC suggests a strong trend. |
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 |
|---|---|---|---|
| 66.16 | 64.10 | 2.07 (3.12%) | 25.00% |
| An entry @66.16. This is a Buy Stop order right above the resistance zone. | An exit @64.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.07 points, which is 3.12%. | For a 0.78% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NASDAQ:USMC (9/9/2025, 8:15:31 PM)
66.1357
+0.35 (+0.53%)