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Stock Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 (NASDAQ:USOI)

Strong Downtrend (-100) - USOI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USOI continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USOI?

MarketClub looks at technical strength and momentum to determine if the timing is right for USOI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_USOI
Open High Low USOI Price Change
72.0627 72.6494 71.8391 72.5935 -0.9582
Entry Signal

MarketClub’s Trade Triangles for USOI

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 70.7879

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2024 at 73.7385

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 74.0598

Smart Scan Analysis for USOI

Based on our trend formula, USOI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for USOI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.0627 72.6494 71.8391 72.5935 -0.9582
Prev. Close Volume Bid Ask Time
73.5700 0 2024-07-22 11:06:22
Year High33Year High Date2018-05-21
Year Low20.83Year Low Date2018-11-27
52wk High85.4952wk High Date2023-09-18
52wk Low67.5552wk Low Date2023-12-12
Average Volume46,124Shares Outstanding267
Market Cap8MVolatility37.27
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