US WELL SERVICES INC (USWS) Stock Technical Analysis
USA - NASDAQ:USWS - US91274U3095 - Common Stock
We assign a technical rating of 8 out of 10 to USWS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, USWS is only an average performer.
Although USWS has an excellent technical rating, it does not present a decent entry opportunity 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.
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5.04
When analyzing the support we can see 3 important 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. |
7.41
+0.19 (+2.63%)
US WELL SERVICES INC / USWS FAQ
Can you provide the ChartMill technical rating for US WELL SERVICES INC?
ChartMill assigns a technical rating of 8 / 10 to USWS.
Can you provide the trend direction for US WELL SERVICES INC?
The current trend direction for US WELL SERVICES INC (USWS) is Bullish.
Can you provide the RSI signal for US WELL SERVICES INC?
US WELL SERVICES INC (USWS) has an RSI value of 68.1489. This indicates that the stock is currently neutral.
What is the MACD signal for USWS stock?
The MACD indicator for US WELL SERVICES INC (USWS) has a value of 0.129212, indicating a bearish trend.
Can you provide the buy/sell signal for US WELL SERVICES INC?
The buy/sell signal for US WELL SERVICES INC (USWS) is buy as both the short term and long term trends are positive.