UNIVERSAL STAINLESS & ALLOY (USAP)

US9138371003 - Common Stock

43.94  -0.11 (-0.25%)

Technical Rating and Analysis

8

Taking everything into account, USAP scores 8 out of 10 in our technical rating. In the last year, USAP was one of the better performers, but we do observe some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, USAP did better than 95% of all other stocks. On top of that, USAP also shows a nice and consistent pattern of rising prices.
USAP is part of the Metals & Mining industry. There are 155 other stocks in this industry. USAP outperforms 96% of them.
USAP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month USAP has a been trading in a tight range between 43.91 and 44.63.
Weekly and Daily overview Charts
USAP Weekly chart
USAP Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, USAP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 44.04, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

36.91

44.93

We found 1 important support area.

  • Support @37.28 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 43.99 to 44.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.18
Mansfield2.44
10 Day High44.63
10 Day Low43.91
20 Day High44.63
20 Day Low43.91
52 Week High45.3
52 Week Low17.02
Performance
1 Week-0.56%
2 Weeks-0.38%
1 Month-0.65%
3 Month10.99%
6 Month60.88%
12 Month119.37%
2 Year514.37%
3 Year454.79%
5 Year195.64%
10 Year75.15%
15 Year133.56%
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)51.09
LBB43.97
UBB44.37
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.

ENTRYEXITDISTANCECAPITAL
44.1543.980.17 (0.39%)25.00%
An entry @44.15. This is a Buy Stop order right above the 10 day moving average.An exit @43.98. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.17 points, which is 0.39%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.10%.

  • The distance between exit and entry is rather small compared to the average daily movement of USAP. 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.
USAP Daily chart

UNIVERSAL STAINLESS & ALLOY

NASDAQ:USAP (12/26/2024, 11:14:57 AM)

43.94

-0.11 (-0.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.25%
1 Week-0.56%
2 Weeks-0.38%
1 Month-0.65%
3 Month10.99%
6 Month60.88%
12 Month119.37%
2 Year514.37%
3 Year454.79%
5 Year195.64%
10 Year75.15%
15 Year133.56%
Volatility
ATR(14)0.22
ATR(20)%0.52%
ATR Inc-23.22%
Range Today0.1
ADR(20)0.23
ADR(20)%0.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.18
Mansfield2.44
10 Day High44.63
10 Day Low43.91
20 Day High44.63
20 Day Low43.91
52 Week High45.3
52 Week Low17.02
CS1 End44.04
CR1 Start44.14
Volume & EV
DER(3)-0.31%
DER(5)-0.63%
Volume57.54K
Volume Incr54.32%
Vol(5)210.16K
Vol(50)244.07K