US XPRESS ENTERPRISES INC -A (USX) Technical Analysis
NYSE:USX • US90338N2027
Current stock price
USX Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to USX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, USX is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- USX is one of the better performing stocks in the Ground Transportation industry, it outperforms 97% of 42 stocks in the same industry.
- USX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so USX is leading the market.
- When comparing the yearly performance of all stocks, we notice that USX is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month USX has a been trading in a tight range between 6.08 and 6.15.
- Volume is considerably higher in the last couple of days.
USX Weekly and Daily overview Charts
USX Setup Rating and Analysis
Besides having an excellent technical rating, USX also presents a decent setup pattern. 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 6.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.13, a Stop Loss order could be placed below this zone.
More info and screens
USX Support and Resistance Analysis
5.87
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.08 to 6.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.93 to 5.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.15 to 6.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
USX Technical Indicator Signal Analysis
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 USX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for USX is up. |
| ChartMill Relative Strength | 96.89 | POSITIVE | USX has a high relative strength, it outperformed 96.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of USX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.29 | OVERBOUGHT | The high RSI value suggests USX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests USX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 80 | NEUTRAL | The Stochastics value for USX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for USX suggests low volalility. |
| Average Directional Index/ADX (14) | 76.34 | POSITIVE | The high ADX value value for USX suggests a strong trend. |
USX Chart- and CandleStick Pattern Analysis
USX Example Setup
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 |
|---|---|---|---|
| 6.16 | 6.11 | 0.05 (0.81%) | 25.00% |
| An entry @6.16. This is a Buy Stop order right above the resistance zone. | An exit @6.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 0.81%. | For a 0.20% 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.
USX Technicals: Chart, Performance Metrics, Trend & Indicators
6.14
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US XPRESS ENTERPRISES INC -A / USX TA FAQ
What is the ChartMill technical rating of US XPRESS ENTERPRISES INC -A (USX) stock?
ChartMill assigns a technical rating of 7 / 10 to USX.
Can you provide the trend direction for US XPRESS ENTERPRISES INC -A?
The current trend direction for US XPRESS ENTERPRISES INC -A (USX) is Bullish.
What is the RSI signal for USX stock?
US XPRESS ENTERPRISES INC -A (USX) has an RSI value of 71.2854. This indicates that the stock is currently overbought.
Can you provide the MACD signal for US XPRESS ENTERPRISES INC -A?
The MACD indicator for US XPRESS ENTERPRISES INC -A (USX) has a value of -0.00987882, indicating a bearish trend.
What is the support and resistance level for USX stock?
US XPRESS ENTERPRISES INC -A (USX) has a support level at 6.13 and a resistance level at 6.15. Check the full technical report for our detailed analysis of USX support and resistance levels.