Technical Analysis for USG - USCF Gold Strategy Plus Income Fund
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | N/A | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
New 52 Week Closing High | Bullish | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Gapped Up | Strength | 0.00% | |
Overbought Stochastic | Strength | 0.00% | |
Up 3 Days in a Row | Strength | 0.00% | |
New 52 Week Closing High | Bullish | 0.10% | |
NR7 | Range Contraction | 0.10% | |
Narrow Range Bar | Range Contraction | 0.10% | |
Overbought Stochastic | Strength | 0.10% | |
Overbought Stochastic | Strength | 0.30% |
Alert | Time |
---|---|
60 Minute Opening Range Breakdown | 1 day ago |
Gapped Up (Full) | 1 day ago |
Rose Above Previous Day's High | 1 day ago |
New 52 Week High | 1 day ago |
1.5x Volume Pace | 1 day ago |
Free Daily (Stock) Chart Reading
USCF Gold Strategy Plus Income Fund Description
USG aims to add income to gold exposure by maintaining a substantial position in physical gold and gold futures. The fund primarily gains this exposure directly or indirectly via COMEX gold warrants and gold futures, which is done through its wholly-owned Cayman subsidiary. Gold warrants are negotiable warehouse receipts evidencing ownership of gold bars stored in licensed depositories, and gold futures are fully margined and collateralized. The fund limits its investments in the subsidiary at 25% of its assets, and intends to limit its gold warrant investments to 20% of the value of its subsidiary. Gold futures and warrants are evaluated for expected return and all-in costs to determine the desired balance between them. The fund may also use cash-settled options, forwards, options on futures contracts, and other options to obtain its desired exposure. Prior to Mar. 4, 2024, the fund traded with the ticker GLDX.
Classification
Keywords: Options Futures Exchanges Warrant New York Mercantile Exchange
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 27.3599 |
52 Week Low | 25.3152 |
Average Volume | 1,053 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 0.00 |
20-Day Moving Average | 26.49 |
10-Day Moving Average | 27.06 |
Average True Range | 0.14 |
RSI (14) | 92.29 |
ADX | 0.0 |
+DI | 65.15 |
-DI | 3.74 |
Chandelier Exit (Long, 3 ATRs) | 26.93 |
Chandelier Exit (Short, 3 ATRs) | 26.11 |
Upper Bollinger Bands | 27.69 |
Lower Bollinger Band | 25.29 |
Percent B (%b) | 0.83 |
BandWidth | 9.07 |
MACD Line | 0.56 |
MACD Signal Line | 0.40 |
MACD Histogram | 0.1555 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 27.37 | ||||
Resistance 3 (R3) | 27.38 | 27.36 | 27.35 | ||
Resistance 2 (R2) | 27.36 | 27.34 | 27.35 | 27.35 | |
Resistance 1 (R1) | 27.32 | 27.32 | 27.31 | 27.31 | 27.34 |
Pivot Point | 27.30 | 27.30 | 27.29 | 27.29 | 27.30 |
Support 1 (S1) | 27.26 | 27.28 | 27.25 | 27.25 | 27.22 |
Support 2 (S2) | 27.24 | 27.26 | 27.24 | 27.21 | |
Support 3 (S3) | 27.20 | 27.24 | 27.21 | ||
Support 4 (S4) | 27.19 |