Overall USOI gets a technical rating of 0 out of 10. USOI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
USOI has a poor technical rating and the quality of the setup is also not perfect 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.
46.70
When analyzing the support we notice one important area.
5 important resistance areas can be observed.
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 | 17.08 | NEGATIVE | USOI has a low relative strength, it was outperformed by 82.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of USOI is below a declining 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) | 43.54 | NEUTRAL | The RSI value for USOI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests USOI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.5 | NEUTRAL | The Stochastics value for USOI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for USOI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.09 | NEGATIVE | The low ADX value for USOI suggests a weak or negative trend. |
47.18
+0.53 (+1.14%)
ChartMill assigns a technical rating of 0 / 10 to USOI.
The current trend direction for UBS AG ETR CR OIL SHAR COV (USOI) is Bearish.
UBS AG ETR CR OIL SHAR COV (USOI) has an RSI value of 43.5363. This indicates that the stock is currently neutral.
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.
UBS AG ETR CR OIL SHAR COV (USOI) has a support level at 47.17 and a resistance level at 47.52. Check the full technical report for our detailed analysis of USOI support and resistance levels.