Technical Analysis for USOD - United States 3x Short Oil Fund

Grade Last Price % Change Price Change
grade C 8.21 -8.56% -0.77
USOD closed down 8.56 percent on Tuesday, January 15, 2019, on 79 percent of 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 Up Down Down
See historical USOD trend table...

Date Alert Name Type % Chg
Jan 15 180 Bearish Setup Bearish Swing Setup 0.00%
Jan 15 Narrow Range Bar Range Contraction 0.00%
Jan 15 Wide Bands Range Expansion 0.00%
Jan 15 Oversold Stochastic Weakness 0.00%
Jan 14 Strong but Oversold Other -8.56%
Jan 14 Wide Bands Range Expansion -8.56%
Jan 14 Oversold Stochastic Weakness -8.56%
Jan 11 Narrow Range Bar Range Contraction -3.39%
Jan 11 NR7 Range Contraction -3.39%
Jan 11 Wide Bands Range Expansion -3.39%

Older signals for USOD ...

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Basic chart:
Profile
The investment seeks the daily changes in percentage terms of its shares¿ per share NAV to reflect three times the inverse of the daily change in percentage terms of the price of a specified short-term futures contract on light, sweet crude oil (the ¿Benchmark Oil Futures Contract¿) less the fund¿s expenses. USCF will endeavor to have the notional value of the fund¿s aggregate short exposure to the Benchmark Oil Futures Contract at the close of each trading day approximately equal to 300% of the fund¿s NAV. The Benchmark Oil Futures Contract is the futures contract on light, sweet crude oil as traded on the NYMEX, traded under the trading symbol ¿CL¿.
Is USOD 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, 2 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 15.299
52 Week Low 3.625
Average Volume 32,928
200-Day Moving Average 6.8705
50-Day Moving Average 9.8767
20-Day Moving Average 11.3054
10-Day Moving Average 9.6042
Average True Range 1.161
ADX 27.36
+DI 19.5825
-DI 30.8113
Chandelier Exit (Long, 3 ATRs ) 11.816
Chandelier Exit (Short, 3 ATRs ) 11.483
Upper Bollinger Band 15.4736
Lower Bollinger Band 7.1372
Percent B (%b) 0.13
BandWidth 73.738214
MACD Line -0.4986
MACD Signal Line 0.0596
MACD Histogram -0.5582
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.98
Resistance 3 (R3) 9.04 8.86 8.85
Resistance 2 (R2) 8.86 8.66 8.82 8.80
Resistance 1 (R1) 8.53 8.54 8.44 8.47 8.76
Pivot Point 8.35 8.35 8.30 8.31 8.35
Support 1 (S1) 8.02 8.15 7.93 7.96 7.66
Support 2 (S2) 7.84 8.03 7.80 7.62
Support 3 (S3) 7.51 7.84 7.57
Support 4 (S4) 7.45