Technical Analysis for USO - United States Oil Fund

Grade Last Price % Change Price Change
grade D 30.18 -0.17% -0.05
USO closed down 0.17 percent on Thursday, August 6, 2020, on 56 percent of normal volume.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Upper Bollinger Band Touch Strength 0.00%
Bollinger Band Squeeze Range Contraction -0.17%
Upper Bollinger Band Walk Strength -0.17%
BB Squeeze + Upper Band Touch Range Contraction -0.17%
Above Upper BB Strength -0.17%
Up 3 Days in a Row Strength -0.17%

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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.
Exchange Traded Fund ETF Natural Gas Oil Crude Oil Petroleum Microeconomics Economy Of Canada Energy Economics Heating Oil Benchmark Price Of Oil Brent Crude West Texas Intermediate 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

Indicators

Indicator Value
52 Week High 106.56
52 Week Low 16.88
Average Volume 7,692,170
200-Day Moving Average 60.04
50-Day Moving Average 28.41
20-Day Moving Average 29.38
10-Day Moving Average 29.56
Average True Range 0.82
ADX 17.84
+DI 30.41
-DI 19.45
Chandelier Exit (Long, 3 ATRs ) 28.56
Chandelier Exit (Short, 3 ATRs ) 30.36
Upper Bollinger Band 30.22
Lower Bollinger Band 28.53
Percent B (%b) 0.97
BandWidth 5.76
MACD Line 0.43
MACD Signal Line 0.41
MACD Histogram 0.0122
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.87
Resistance 3 (R3) 30.93 30.75 30.76
Resistance 2 (R2) 30.75 30.58 30.73 30.72
Resistance 1 (R1) 30.47 30.47 30.38 30.41 30.68
Pivot Point 30.29 30.29 30.25 30.27 30.29
Support 1 (S1) 30.01 30.12 29.92 29.95 29.68
Support 2 (S2) 29.83 30.01 29.81 29.64
Support 3 (S3) 29.55 29.83 29.61
Support 4 (S4) 29.49