USCF MIDSTREAM ENERGY INCOME (UMI) Stock Technical Analysis
NYSEARCA:UMI - NYSE Arca - US90290T8826 - ETF - Currency: USD
Taking everything into account, UMI scores 8 out of 10 in our technical rating. UMI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Besides having an excellent technical rating, UMI also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 51.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.65, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
46.05
We found 2 important support areas.
- A support zone ranging from 48.74 to 50.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.52 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @51.41 from a horizontal line in the daily time frame.
- Resistance @52.53 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for UMI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UMI is up. |
| ChartMill Relative Strength | 70.41 | POSITIVE | UMI has a high relative strength, it outperformed 70.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UMI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UMI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UMI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.94 | NEUTRAL | The RSI value for UMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests UMI has a positive trend. |
| Stochastics (14,3) | 83.75 | OVERBOUGHT | The high Stochastics value suggests UMI may be overbought. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for UMI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.14 | NEGATIVE | The low ADX value for UMI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 51.42 | 49.03 | 2.39 (4.65%) | 21.51% |
| An entry @51.42. This is a Buy Stop order right above the resistance zone. | An exit @49.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.39 points, which is 4.65%. | For a 1.00% total portfolio risk, you can invest 21.51% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:UMI (8/1/2025, 8:08:17 PM)
50.68
0 (0%)