UNIVERSAL STAINLESS & ALLOY (USAP)

US9138371003 - Common Stock

44.29  +0.02 (+0.05%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to USAP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, USAP is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, USAP did better than 95% of all other stocks. We also observe that the gains produced by USAP over the past year are nicely spread over this period.
USAP is part of the Metals & Mining industry. There are 157 other stocks in this industry. USAP outperforms 94% 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 43.55 and 44.59.
Considerably lower volume is observed in the last couple of days.

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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. 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 44.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.15, a Stop Loss order could be placed below this zone.

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Support and Resistance Analysis

34.27

45.11

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 43.98 to 44.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 41.36 to 41.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @35.23 from a trend line in the weekly time frame.
  • Support @34.62 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @44.66 from a trend line in the weekly time frame.

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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
CRS95.85
Mansfield3.38
10 Day High44.59
10 Day Low43.69
20 Day High44.59
20 Day Low43.55
52 Week High45.3
52 Week Low15.41
Performance
1 Week0.64%
2 Weeks0.73%
1 Month1.21%
3 Month4.93%
6 Month37.57%
12 Month160.03%
2 Year516.57%
3 Year482.5%
5 Year219.64%
10 Year81.58%
15 Year172.77%

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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)

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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)-0.15
RSI(14)62.7
LBB43.88
UBB44.3

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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
44.6743.970.70 (1.57%)25.00%
An entry @44.67. This is a Buy Stop order right above the resistance zone.An exit @43.97. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.70 points, which is 1.57%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.39%.

  • 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.

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USAP Daily chart

UNIVERSAL STAINLESS & ALLOY

NASDAQ:USAP (11/25/2024, 12:04:50 PM)

44.29

+0.02 (+0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.05%
1 Week0.64%
2 Weeks0.73%
1 Month1.21%
3 Month4.93%
6 Month37.57%
12 Month160.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.38
ATR(20)%1.02%
ATR Inc
Range Today0.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High44.59
10 Day Low43.69
20 Day High44.59
20 Day Low43.55
52 Week High45.3
52 Week Low15.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume66.57K
Volume Incr-58.53%
Vol(5)121.18K
Vol(50)221.56K