USCF MIDSTREAM ENERGY INCOME (UMI) Stock Technical Analysis
NYSEARCA:UMI - NYSE Arca - US90290T8826 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to UMI. UMI was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: UMI has an average volume of 17263 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, UMI did better than 73% of all other stocks. We also observe that the gains produced by UMI over the past year are nicely spread over this period.
UMI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UMI is lagging the market slightly.
In the last month UMI has a been trading in a tight range between 49.05 and 51.18.
Although the technical rating is only medium, UMI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
46.03
53.06
When analyzing the support we can see 3 important areas.
- A support zone ranging from 49.46 to 49.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @48.23 from a trend line in the weekly time frame.
- A support zone ranging from 46.49 to 46.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 50.07 to 51.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for UMI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UMI is neutral. |
| ChartMill Relative Strength | 73.27 | POSITIVE | UMI has a high relative strength, it outperformed 73.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UMI is below a declining 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) | 49.39 | NEUTRAL | The RSI value for UMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests UMI has a negative trend. |
| Stochastics (14,3) | 47.18 | NEUTRAL | The Stochastics value for UMI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for UMI suggests low volalility. |
| Average Directional Index/ADX (14) | 9.51 | NEGATIVE | The low ADX value for UMI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 50.32 | 49.78 | 0.54 (1.07%) | 25.00% |
| An entry @50.32. This is a Buy Stop order right above the 10 day moving average. | An exit @49.78. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.54 points, which is 1.07%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.27%. |
- The distance between exit and entry is rather small compared to the average daily movement of UMI. Please evaluate whether better entry and exit points can be found.
- 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 (6/18/2025, 4:15:00 PM)
50.0589
-0.04 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.08%
1 Week-0.57%
2 Weeks-0.13%
1 Month-0.99%
3 Month-3.7%
6 Month1.79%
12 Month22.12%
2 Year46.15%
3 Year60.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%1.17%
ATR Inc-24.3%
Range Today0.32
ADR(20)0.54
ADR(20)%1.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.27
Mansfield-0.06
10 Day High51.08
10 Day Low49.79
20 Day High51.18
20 Day Low49.05
52 Week High55.05
52 Week Low40.32
CS1 End49.74
CR1 Start50.07
Volume & EV
DER(3)0.13%
DER(5)-0.77%
Volume30.75K
Volume Incr17.02%
Vol(5)18.47K
Vol(50)17.26K