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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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

Bear Market Rally (-75) - USOI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USOI as it may be in the beginning of a reversal.

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
65.7241 66.1099 65.2375 65.8512 +0.7744
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 up The intermediate-term trend has been UP since Oct 7th, 2024 at 68.8835

short term down The short-term trend has been DOWN since Oct 24th, 2024 at 64.8766

Smart Scan Analysis for USOI

Based on our trend formula, USOI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for USOI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.7241 66.1099 65.2375 65.8512 +0.7744
Prev. Close Volume Bid Ask Time
65.6800 0 2024-10-25 16:28:49
Year High33Year High Date2018-05-21
Year Low20.83Year Low Date2018-11-27
52wk High81.86552wk High Date2023-10-27
52wk Low63.5552wk Low Date2024-09-10
Average Volume75,533Shares Outstanding267
Market Cap8MVolatility37.27
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