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

Grade Last Price % Change Price Change
grade C 5.5201 14.66% 0.71
USOD closed up 14.66 percent on Thursday, May 23, 2019, on 3.31 times normal volume. It was able to find support at its 50 day moving average.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Up
See historical USOD trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
BB Squeeze Ended Range Expansion 0.00%
Above Upper BB Strength 0.00%
Up 3 Days in a Row Strength 0.00%

Older signals for USOD ...

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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
Summary: Counts: 1 bullish, 1 bearish and 3 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 64,514
200-Day Moving Average 6.5454
50-Day Moving Average 4.7452
20-Day Moving Average 4.636
10-Day Moving Average 4.6939
Average True Range 0.3346
ADX 17.94
+DI 37.4501
-DI 17.7247
Chandelier Exit (Long, 3 ATRs ) 4.6977
Chandelier Exit (Short, 3 ATRs ) 4.8538
Upper Bollinger Band 5.1852
Lower Bollinger Band 4.0868
Percent B (%b) 1.3
BandWidth 23.692839
MACD Line 0.0339
MACD Signal Line -0.0519
MACD Histogram 0.0858
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.28
Resistance 3 (R3) 7.14 6.42 6.98
Resistance 2 (R2) 6.42 5.97 6.49 6.89
Resistance 1 (R1) 5.97 5.70 6.20 6.11 6.79
Pivot Point 5.25 5.25 5.36 5.32 5.25
Support 1 (S1) 4.80 4.80 5.03 4.93 4.25
Support 2 (S2) 4.08 4.53 4.15 4.15
Support 3 (S3) 3.63 4.08 4.06
Support 4 (S4) 3.76