CSI Compressco LP ($CCLP) vs U.S. Well Services, Inc. ($USWS)

2019-08-20 | Welcome! Today we compared how two different stocks in the Oilfield Services/Equipment industry are trading: CSI Compressco LP and U.S. Well Services, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, CSI Compressco LP opened at 3.26, got to a maximum price of 3.36 and dropped to as low as 3.24 before finishing the session at 3.29. In total there were 140500 shares traded, which is enough to conduct our analysis. Compare that now to U.S. Well Services, Inc., which opened at 2.25, had a high of 2.64, a low of 2.13, closed at 2.57 and had a total volume of 104900.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator CSI Compressco LP U.S. Well Services, Inc.
Accumulation-distribution index 19.231 6.2465
on-balance volume -3.25 2.23
chaikin money flow

1.4 1.61538
force index

0.0315 -0.024
ease of movement rating

0.00074 0.00176
volume-price trend

-0.01427 -1.55841
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator CSI Compressco LP U.S. Well Services, Inc.
Average true range 0.07267 0.32667
Bolinger bands 3.31314 2.28314
Upper bollinger band 3.08686 2.05686
Lower bollinger band

3.24 2.13
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 nan
Central keltner channel

3.28667 2.34
High band keltner channel

3.18667 1.95
Low band keltner channel

3.38667 2.73
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

3.24 2.13
Donchain channel low band

3.24 2.13
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 nan

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator CSI Compressco LP U.S. Well Services, Inc.
Moving Average Convergence Divergence (MACD) trend_macd 0.00179
MACD signal -0.001 0.001
MACD difference -0.0008 0.0008
fast Exponential Moving Average (EMA) indicator

3.24 2.13
slow Exponential Moving Average (EMA) indicator

3.24 2.13
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.22173 0.03726

-2.39374 -53.88319
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 66.66667
Detrended Price Oscillator (DPO)

0.00901 3.56489
KST Oscillator (KST)

-2.77192 -625.98035
KST Oscillator (KST Signal)

-2.77192 -625.98035
KST difference

-6.15573 3.51192
Ichimoku rating

3.31 2.445
Ichimoku B rating

3.31 2.445
Ichimoku visual trend A

3.41036 5.65005
Ichimoku visual trend B

3.48414 4.80954
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator CSI Compressco LP U.S. Well Services, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 33.84824 47.39825
True Strength Index (TSI) -100.0 -100.0
ultimate oscillator

-81.91741 -16.69456
stochastic oscillator

120.0 130.76923
stochastic oscillator signal

120.0 130.76923
Williams %R rating

20.0 30.76923
awesome oscillator

0.01613 0.02333

RETURNS: That’s all for technical analysis. Now let’s just list the returns for CSI Compressco LP and U.S. Well Services, Inc..

Daily return -0.27719 -62.59804
Daily log return -2.50013 3.68705
Cumulative return -2.46914 3.75587

So there you have it: our deep, grueling analysis comparing CSI Compressco LP and U.S. Well Services, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s CSI Compressco LP:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether CCLP is strong or weak. Again – this is not a reliable indication of whether CSI Compressco LP is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with U.S. Well Services, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

Gary Ivenchuck

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