NYSEARCA:UGA - NYSE Arca - US91201T1025 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to UGA. UGA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
UGA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 56.68, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UGA in the last couple of days, which is a good sign.
54.73
We found 1 important support area.
We can see 2 important resistance areas.
NYSEARCA:UGA (5/7/2025, 10:06:37 AM)
57.95
-0.41 (-0.7%)