Technical Analysis for USO - United States Oil Fund

Grade Last Price % Change Price Change
grade B 13.79 0.88% 0.12
USO closed up 0.88 percent on Tuesday, April 23, 2019, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

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

Date Alert Name Type % Chg
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
MACD Bullish Signal Line Cross Bullish 0.88%
Gapped Up Strength 0.88%
Overbought Stochastic Strength 0.88%
180 Bullish Setup Bullish Swing Setup 3.53%
NR7 Range Contraction 3.53%
Overbought Stochastic Strength 3.53%
MACD Bearish Signal Line Cross Bearish 3.84%
Overbought Stochastic Strength 3.84%

Older signals for USO ...

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Profile
The investment seeks to reflect the performance, less expenses, of the spot price of West Texas Intermediate (WTI) light, sweet crude oil. The fund will invest in futures contracts for WTI light, sweet crude oil, other types of crude oil, heating oil, gasoline, natural gas and other petroleum based-fuels that are traded on exchanges. It may also invest in other oil interests such as cash-settled options on oil futures contracts, forward contracts for oil, and OTC transactions that are based on the price of oil.
Natural Gas Oil Futures Contract Crude Oil Petroleum Microeconomics Economy Of Canada Heating Oil Energy Economics West Texas Intermediate Benchmark Price Of Oil Brent Crude Sweet Crude Oil
Is USO a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 16.24
52 Week Low 9.23
Average Volume 19,590,945
200-Day Moving Average 12.8714
50-Day Moving Average 12.3354
20-Day Moving Average 13.0865
10-Day Moving Average 13.398
Average True Range 0.2162
ADX 28.16
+DI 42.8264
-DI 15.5041
Chandelier Exit (Long, 3 ATRs ) 13.2064
Chandelier Exit (Short, 3 ATRs ) 12.7286
Upper Bollinger Band 13.9392
Lower Bollinger Band 12.2338
Percent B (%b) 0.91
BandWidth 13.03175
MACD Line 0.3718
MACD Signal Line 0.3578
MACD Histogram 0.014
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.02
Resistance 3 (R3) 14.01 13.93 13.98
Resistance 2 (R2) 13.93 13.88 13.94 13.96
Resistance 1 (R1) 13.86 13.84 13.90 13.87 13.95
Pivot Point 13.78 13.78 13.80 13.79 13.78
Support 1 (S1) 13.71 13.73 13.75 13.72 13.63
Support 2 (S2) 13.63 13.69 13.64 13.62
Support 3 (S3) 13.56 13.63 13.60
Support 4 (S4) 13.57