Technical Analysis for USO - United States Oil Fund

Grade Last Price % Change Price Change
grade D 12.32 2.67% 0.32
USO closed down 0.08 percent on Tuesday, June 25, 2019, on 88 percent of 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 Down Flat Up
See historical USO trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.67%
Overbought Stochastic Strength 2.67%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.58%
Outside Day Range Expansion 2.58%
Overbought Stochastic Strength 2.58%
Up 3 Days in a Row Strength 2.58%
Up 4 Days in a Row Strength 2.58%
Up 5 Days in a Row Strength 2.58%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.92%
Narrow Range Bar Range Contraction 2.92%

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: 1 bullish, 3 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 26,419,400
200-Day Moving Average 12.4124
50-Day Moving Average 12.3452
20-Day Moving Average 11.3105
10-Day Moving Average 11.368
Average True Range 0.3297
ADX 27.71
+DI 27.7069
-DI 26.0709
Chandelier Exit (Long, 3 ATRs ) 11.3809
Chandelier Exit (Short, 3 ATRs ) 11.5191
Upper Bollinger Band 12.248
Lower Bollinger Band 10.373
Percent B (%b) 0.87
BandWidth 16.577516
MACD Line -0.1304
MACD Signal Line -0.3124
MACD Histogram 0.182
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.26
Resistance 3 (R3) 12.26 12.19 12.21
Resistance 2 (R2) 12.19 12.12 12.18 12.20
Resistance 1 (R1) 12.09 12.08 12.06 12.09 12.18
Pivot Point 12.02 12.02 12.00 12.01 12.02
Support 1 (S1) 11.92 11.95 11.89 11.92 11.82
Support 2 (S2) 11.85 11.91 11.84 11.80
Support 3 (S3) 11.75 11.85 11.79
Support 4 (S4) 11.75