The Chart of the Day belongs to USA Truck (USAK). I found the trucking stock by using Barchart to sort today’s 52 Week New High list first by the highest Weighted Alpha, then by technical buy signals above 80%.I then used the Flipchart feature to review the charts for consistent price appreciation.Since the Trend Spotter signaled a buy on 11/1 the stock gained 48.09%.
USA Truck, Inc. is engaged in the transportation of general commodity freight in interstate and foreign commerce. They hold authority to transport and does transport freight between all points in the continental United States, other than intrastate, and between all points in the U.S., and the Canadian provinces of Ontario and Quebec.
Barchart’s Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
Barchart technical indicators:
Fundamental factors: