PRINCIPAL US MEGA-CAP ETF (USMC) Stock Technical Analysis
NASDAQ:USMC - Nasdaq - US74255Y8701 - ETF - Currency: USD
Overall USMC gets a technical rating of 2 out of 10. Although USMC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month USMC has a been trading in the 49.01 - 57.72 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that USMC is one of the better performing stocks in the market, outperforming 71% of all stocks. However, USMC's most recent performance is quite weak.
USMC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
USMC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 52.72, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for USMC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
50.42
63.77
When analyzing the support we notice one important area.
- A support zone ranging from 50.93 to 52.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @61.98 from a horizontal line in the daily time frame.
- A resistance zone ranging from 63.01 to 63.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.92
Mansfield0.22
10 Day High56.51
10 Day Low51.9
20 Day High57.72
20 Day Low49.01
52 Week High63.13
52 Week Low49.01
Performance
1 Week5.16%
2 Weeks4.81%
1 Month-2.4%
3 Month-8.58%
6 Month-1.79%
12 Month13.06%
2 Year39.59%
3 Year43.17%
5 Year94.32%
10 YearN/A
15 YearN/A
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)0.4
RSI(14)53.92
LBB51.03
UBB57.24
56.45
+0.58 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.04%
1 Week5.16%
2 Weeks4.81%
1 Month-2.4%
3 Month-8.58%
6 Month-1.79%
12 Month13.06%
2 Year39.59%
3 Year43.17%
5 Year94.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.07
ATR(20)%3.53%
ATR Inc-60.48%
Range Today0.69
ADR(20)1.7
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.92
Mansfield0.22
10 Day High56.51
10 Day Low51.9
20 Day High57.72
20 Day Low49.01
52 Week High63.13
52 Week Low49.01
CS1 End52.72
CR1 Start61.98
Volume & EV
DER(3)4.15%
DER(5)2.39%
Volume65.10K
Volume Incr-53.61%
Vol(5)75.76K
Vol(50)162.42K