Technical Analysis for UGA - United States Gasoline Fund LP

Grade Last Price % Change Price Change
D 60.92 0.99% 0.60
UGA closed down 2.98 percent on Monday, January 30, 2023, on 56 percent of normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Up Down

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.99%
Gapped Up Strength -2.02%
Overbought Stochastic Strength -2.02%
Gapped Up Strength -3.32%
Overbought Stochastic Strength -3.32%
Stochastic Sell Signal Bearish -2.65%
Overbought Stochastic Strength -2.65%
Slingshot Bullish Bullish Swing Setup -4.52%
Volume Surge Other -4.52%
NR7 Range Contraction -4.52%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
200 DMA Resistance 1 minute ago
60 Minute Opening Range Breakout about 1 hour ago
Rose Above 200 DMA about 1 hour ago
Up 1% about 2 hours ago
1.5x Volume Pace about 2 hours ago

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Profile

The investment seeks the daily changes in percentage terms of its units' NAV to reflect the daily changes in percentage terms of the spot price of gasoline, as measured by the daily changes in the price of the futures contract on unleaded gasoline (also known as reformulated gasoline blendstock for oxygen blending, or "RBOB") for delivery to the New York harbor, traded on the NYMEX that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less UGA's expenses.
Classification

Keywords: Exchange Traded Fund ETF Microeconomics Business Economics Oxygen Energy Economics Gasoline New York Mercantile Exchange

Is UGA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 80.29
52 Week Low 46.5
Average Volume 37,872
200-Day Moving Average 60.95
50-Day Moving Average 56.88
20-Day Moving Average 59.87
10-Day Moving Average 62.58
Average True Range 1.78
RSI 52.38
ADX 22.24
+DI 30.13
-DI 27.39
Chandelier Exit (Long, 3 ATRs) 59.87
Chandelier Exit (Short, 3 ATRs) 59.29
Upper Bollinger Bands 66.50
Lower Bollinger Band 53.23
Percent B (%b) 0.53
BandWidth 22.16
MACD Line 1.75
MACD Signal Line 1.74
MACD Histogram 0.0083
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 63.28
Resistance 3 (R3) 63.57 62.89 62.78
Resistance 2 (R2) 62.89 62.13 62.74 62.62
Resistance 1 (R1) 61.60 61.67 61.26 61.31 62.45
Pivot Point 60.92 60.92 60.75 60.77 60.92
Support 1 (S1) 59.63 60.16 59.29 59.34 58.19
Support 2 (S2) 58.95 59.70 58.80 58.02
Support 3 (S3) 57.66 58.95 57.86
Support 4 (S4) 57.37