Technical Analysis for UGA - United States Gasoline Fund LP

Grade Last Price % Change Price Change
grade F 29.8 -1.38% -0.42
UGA closed down 1.38 percent on Thursday, January 23, 2020, on 86 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical UGA trend table...

Date Alert Name Type % Chg
Gilligan's Island Buy Setup Bullish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 200 DMA Bearish -1.38%
Below Lower BB Weakness -1.38%
Down 3 Days in a Row Weakness -1.38%

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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.
Futures Contract Microeconomics Business Economics Gasoline Energy Economics New York Mercantile Exchange Price Of Oil Pricing

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 33.8
52 Week Low 23.37
Average Volume 13,886
200-Day Moving Average 30.55
50-Day Moving Average 31.73
20-Day Moving Average 32.09
10-Day Moving Average 31.26
Average True Range 0.63
ADX 20.0
+DI 17.62
-DI 47.87
Chandelier Exit (Long, 3 ATRs ) 31.90
Chandelier Exit (Short, 3 ATRs ) 31.27
Upper Bollinger Band 34.11
Lower Bollinger Band 30.07
Percent B (%b) -0.07
BandWidth 12.58
MACD Line -0.38
MACD Signal Line -0.08
MACD Histogram -0.2964
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.56
Resistance 3 (R3) 30.49 30.18 30.43
Resistance 2 (R2) 30.18 29.99 30.21 30.39
Resistance 1 (R1) 29.99 29.87 30.09 30.05 30.35
Pivot Point 29.68 29.68 29.73 29.71 29.68
Support 1 (S1) 29.49 29.49 29.58 29.55 29.25
Support 2 (S2) 29.18 29.37 29.21 29.21
Support 3 (S3) 28.98 29.18 29.17
Support 4 (S4) 29.04