Technical Analysis for USAI - American Energy Independence ETF

Grade Last Price % Change Price Change
grade C 22.9172 3.58% 0.79
USAI closed up 3.58 percent on Monday, August 19, 2019, on 1.14 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Up
See historical USAI trend table...

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Cup with Handle Other 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Gilligan's Island Buy Setup Bullish Swing Setup 3.58%
Cup with Handle Other 3.58%
Narrow Range Bar Range Contraction 3.58%
Gapped Down Weakness 3.58%
Oversold Stochastic Weakness 3.58%
Cup with Handle Other 0.99%

Older signals for USAI ...

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Profile
The investment seeks to track the performance, before fees and expenses, of the American Energy Independence Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index and depositary receipts representing foreign securities. The index uses a proprietary, rules-based methodology to measure the performance of a portfolio of U.S. and Canadian exchange-listed equity securities of companies that generate a majority of their cash flow from certain qualifying "midstream" energy infrastructure activities. The fund is non-diversified.
Exchange Traded Fund Security United States Housing Bubble Structured Finance Securities Lending Short Selling
Is USAI a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 27.265
52 Week Low 19.37
Average Volume 690
200-Day Moving Average 23.8837
50-Day Moving Average 24.0593
20-Day Moving Average 23.5085
10-Day Moving Average 22.7662
Average True Range 0.3127
ADX 31.47
+DI 36.3385
-DI 48.6097
Chandelier Exit (Long, 3 ATRs ) 24.0269
Chandelier Exit (Short, 3 ATRs ) 22.9805
Upper Bollinger Band 25.1679
Lower Bollinger Band 21.8491
Percent B (%b) 0.32
BandWidth 14.117447
MACD Line -0.5174
MACD Signal Line -0.4268
MACD Histogram -0.0907
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.50
Resistance 3 (R3) 23.44 23.18 23.40
Resistance 2 (R2) 23.18 23.03 23.21 23.37
Resistance 1 (R1) 23.05 22.94 23.11 23.11 23.34
Pivot Point 22.79 22.79 22.82 22.82 22.79
Support 1 (S1) 22.66 22.64 22.72 22.72 22.50
Support 2 (S2) 22.40 22.55 22.43 22.46
Support 3 (S3) 22.27 22.40 22.43
Support 4 (S4) 22.33