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

Grade Last Price % Change Price Change
grade F 6.15 -0.57% -0.04
USOD closed down 0.57 percent on Thursday, December 12, 2019, on 1.59 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Oversold Stochastic Weakness 0.00%
Oversold Stochastic Weakness -0.57%
New 52 Week Closing Low Bearish 0.99%
Stochastic Buy Signal Bullish 0.99%
Narrow Range Bar Range Contraction 0.99%
NR7 Range Contraction 0.99%
NR7-2 Range Contraction 0.99%
Down 3 Days in a Row Weakness 0.99%
Down 4 Days in a Row Weakness 0.99%
Down 5 Days in a Row Weakness 0.99%

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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¿.
Futures Contract Petroleum Commodity Markets Futures Exchanges Indian Basket New York Mercantile Exchange Benchmark Dubai Mercantile Exchange Sweet Crude Oil Notional Amount

Is USOD 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 30.598
52 Week Low 5.8868
Average Volume 121,569
200-Day Moving Average 9.65
50-Day Moving Average 7.58
20-Day Moving Average 6.70
10-Day Moving Average 6.52
Average True Range 0.44
ADX 19.49
+DI 19.14
-DI 30.58
Chandelier Exit (Long, 3 ATRs ) 6.49
Chandelier Exit (Short, 3 ATRs ) 7.19
Upper Bollinger Band 7.65
Lower Bollinger Band 5.75
Percent B (%b) 0.21
BandWidth 28.37
MACD Line -0.38
MACD Signal Line -0.35
MACD Histogram -0.0264
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.53
Resistance 3 (R3) 6.49 6.34 6.46
Resistance 2 (R2) 6.34 6.24 6.35 6.44
Resistance 1 (R1) 6.24 6.18 6.29 6.28 6.42
Pivot Point 6.09 6.09 6.11 6.10 6.09
Support 1 (S1) 5.99 5.99 6.04 6.03 5.88
Support 2 (S2) 5.84 5.93 5.85 5.86
Support 3 (S3) 5.74 5.84 5.84
Support 4 (S4) 5.78