The Moving Averages are Saying Sell USA Technologies, Inc. (NASDAQ:USAT)’s Shares

Taking a look at some key pivot levels we note that the one month Pivot Woodie support stands at 4.89 while 1-month resistance level is at 5.21.  On the other hand shares would see support at the 1-month pivot woodie of 4.89 and resistance at 5.21.  One of the key differences in calculating Woodie’s Pivot Point to other pivot points is that the current session’s open price is used in the PP formula with the previous session’s high and low.

As we move deeper into earnings season, investors and analysts will be closely watching which companies look they are getting things right. Many investors will be following which companies beat or miss the estimates by a wide margin. Large surprise factors can cause a stock to jump or fall shortly after the actual numbers are released. Investors may also be tracking which industry leaders come out on top during the latest round of earnings reports. Tracking the sectors that are poised for growth may help give the investor a good idea for the types of stocks they may want to add to the portfolio as we get closer to the end of the current calendar year.   

USA Technologies, Inc. (NASDAQ:USAT) ran 0.42462844 after opening at $4.7.  348830 shares traded hands for the 287404380 market cap company.  USA Technologies, Inc. (NASDAQ:USAT) is a “Sell” according to the social consensus. 

Diving into some additional pivot points we note that the Fibonacci S1 stands at 4.8644266 while the R1 resistance number is 5.1089067.  The S1 Camarilla pivot is 4.9106665 while the R1 resistance is 4.969333.  The Demark Pivot is as follows: R1 resistance is 5.055 while S1 support is 4.735.

USA Technologies, Inc. (NASDAQ:USAT) shares hit a high of 6.068 within the past month while touching a low point of 4.64 over the past 30 days. 

Turning to simple moving averages, USA Technologies, Inc., the below chart outlines the current numbers:

10-Day Simple Moving Average: 4.895
20-Day Simple Moving Average: 4.9575
30-Day Simple Moving Average: 4.95
50-Day Simple Moving Average: 5.2471
100-Day Simple Moving Average: 5.937956
200-Day Simple Moving Average: 10.060458

Consensus Rating: Strong Sell

Turning to Bollinger Bands, the upper 20 band holds at 5.1990676 while the lower is currently 4.7159324.  The average volume over the past 3 months is 1000461.06 compared to the 10-day average of 690165.3.

Other moving averages that have been taken into consideration in order to try to figure out the potential direction of the shares include the Hull Moving Average.  The Hull MA currently reads 4.6904445.  The Positive Directional Indicator is at 12.618166.  The volume weighted moving average stands at 4.9243774.  Putting all the pieces together the moving average signal for USA Technologies, Inc. (NASDAQ:USAT) is a consensus “Strong Sell” signal.

Changing lanes over to oscillators, we see that the Aroon Up oscillator is currently 7.142857 while the Aroon Down shows 92.85714.  These are useful in determining if a reversal might be in the near future.  Given the Ultimate Oscillator number of 30.596178 and Parabolic SAR number of 5.1111755, combined with other variables, USA Technologies, Inc. (NASDAQ:USAT) has been given a consensus oscillator rating of “Neutral”. 

The stock market can be influenced by many different factors such as news, politics, earnings reports, or even company rumors. Often times the market may not react as expected to certain events. This may cause the investor to become frustrated at times. Sometimes certain market moves may seem to go against prevailing logic. This is why it can be extremely hard to predict near-term moves with any certainty. Taking a big picture look at the financial markets may help offer a clearer picture of how all the different aspects contribute to market movements. Figuring out why a certain move happened may help shed some light when the same scenario arises again in the future.  

Investors will be closely watching to see if the firm can move towards the $656.25 time high as the Bull Bear Power number stands at -0.24601777.  

USA Technologies, Inc. (NASDAQ:USAT) has returned -4.4444447 after closing at $—  in the recent session.  The stock is looking to return closer to the 52-week high of $16.825.