US WELL SERVICES INC (USWS) Stock Technical Analysis
NASDAQ:USWS - Nasdaq - US91274U3095 - Common Stock - Currency: USD
Overall USWS gets a technical rating of 8 out of 10. Although USWS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
USWS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so USWS is lagging the market.
The long and short term trends are both positive. This is looking good!
USWS is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 83% of 63 stocks in the same industry.
In the last month USWS has a been trading in the 5.38 - 7.58 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, USWS turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although USWS has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.04
7.48
We found 3 important support areas.
- Support @5.48 from a trend line in the weekly time frame.
- Support @5.32 from a trend line in the daily time frame.
- Support @5.09 from a trend 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 | UP | POSITIVE | The long term trend for USWS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for USWS is up. |
| ChartMill Relative Strength | 61.49 | NEUTRAL | USWS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USWS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USWS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of USWS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.15 | NEUTRAL | The RSI value for USWS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests USWS has a positive trend. |
| Stochastics (14,3) | 89.45 | OVERBOUGHT | The high Stochastics value suggests USWS may be overbought. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for USWS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.34 | NEUTRAL | The ADX value for USWS suggests a possible start of a new 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)
7.41
+0.19 (+2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.63%
1 Week6.47%
2 Weeks25.17%
1 Month37.22%
3 Month32.32%
6 Month37.33%
12 Month-49.59%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%5.74%
ATR Inc3.83%
Range Today0.43
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.49
Mansfield2.57
10 Day High7.58
10 Day Low5.91
20 Day High7.58
20 Day Low5.38
52 Week High19.98
52 Week Low3.01
CS1 End5.48
CR1 StartN/A
Volume & EV
DER(3)2.57%
DER(5)0.97%
Volume141.90K
Volume Incr75.11%
Vol(5)126.24K
Vol(50)107.88K