UBS AG ETR CR OIL SHAR COV (USOI) Stock Technical Analysis
USA - NASDAQ:USOI - US22539U6029 - ETF
We assign a technical rating of 1 out of 10 to USOI. USOI'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.
USOI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 49.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.47, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for USOI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
47.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 48.99 to 49.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.65 to 47.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 49.91 to 50.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @51.20 from a horizontal line in the daily time frame.
- A resistance zone ranging from 52.31 to 52.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 56.10 to 56.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for USOI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for USOI is down. |
| ChartMill Relative Strength | 19.29 | NEGATIVE | USOI has a low relative strength, it was outperformed by 80.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USOI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of USOI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of USOI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.26 | NEUTRAL | The RSI value for USOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests USOI has a positive trend. |
| Stochastics (14,3) | 60.49 | NEUTRAL | The Stochastics value for USOI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for USOI suggests low volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for USOI suggests a weak or negative trend. |
49.51
+0.3 (+0.61%)
UBS AG ETR CR OIL SHAR COV / USOI FAQ
Can you provide the ChartMill technical rating for UBS AG ETR CR OIL SHAR COV?
ChartMill assigns a technical rating of 1 / 10 to USOI.
What is the current trend direction of UBS AG ETR CR OIL SHAR COV (USOI) stock?
The current trend direction for UBS AG ETR CR OIL SHAR COV (USOI) is Bearish.
Can you provide the RSI signal for UBS AG ETR CR OIL SHAR COV?
UBS AG ETR CR OIL SHAR COV (USOI) has an RSI value of 49.2621. This indicates that the stock is currently neutral.
What is the buy/sell signal for USOI stock?
The buy/sell signal for UBS AG ETR CR OIL SHAR COV (USOI) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for UBS AG ETR CR OIL SHAR COV?
UBS AG ETR CR OIL SHAR COV (USOI) has a support level at 49.47 and a resistance level at 49.91. Check the full technical report for our detailed analysis of USOI support and resistance levels.