UNITED STATES OIL FUND LP (USO) Stock Technical Analysis
NYSEARCA:USO - NYSE Arca - US91232N2071 - ETF - Currency: USD
Taking everything into account, USO scores 0 out of 10 in our technical rating. USO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, USO is a bad performer in the overall market: 76% of all stocks are doing better.
USO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
USO has an average volume of 4168970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month USO has a been trading in the 60.67 - 70.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of USO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
62.70
82.10
We found 1 important support area.
- A support zone ranging from 63.33 to 64.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 69.48 to 69.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @72.45 from a horizontal line in the daily time frame.
- A resistance zone ranging from 74.73 to 75.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @78.27 from a horizontal line in the daily time frame.
- Resistance @81.29 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.65
Mansfield-1.41
10 Day High70.27
10 Day Low63.1
20 Day High70.27
20 Day Low60.67
52 Week High84.58
52 Week Low60.67
Performance
1 Week-7.27%
2 Weeks-7.87%
1 Month-11.4%
3 Month-17.96%
6 Month-11.12%
12 Month-14.8%
2 Year5.57%
3 Year-25.11%
5 Year147.33%
10 Year-60.6%
15 Year-76.49%
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)
Technical Indicators
MACD(12,26,9)-0.24
RSI(14)36.74
LBB63.28
UBB70.94
64.01
-0.51 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.79%
1 Week-7.27%
2 Weeks-7.87%
1 Month-11.4%
3 Month-17.96%
6 Month-11.12%
12 Month-14.8%
2 Year5.57%
3 Year-25.11%
5 Year147.33%
10 Year-60.6%
15 Year-76.49%
Volatility
ATR(14)1.77
ATR(20)%4.18%
ATR Inc-11.65%
Range Today1.49
ADR(20)2.23
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.65
Mansfield-1.41
10 Day High70.27
10 Day Low63.1
20 Day High70.27
20 Day Low60.67
52 Week High84.58
52 Week Low60.67
CS1 End64
CR1 Start69.48
Volume & EV
DER(3)1.07%
DER(5)-2.18%
Volume7.10M
Volume Incr33.13%
Vol(5)7.18M
Vol(50)4.17M