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Stock Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY)

Long-Term Downtrend (-90) - USOY is in a strong downtrend that is likely to continue. While USOY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_USOY
Open High Low USOY Price Change
15.070 15.180 14.640 14.795 -0.195
Entry Signal

MarketClub’s Trade Triangles for USOY

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 19.6361

intermediate term down The intermediate-term trend has been DOWN since Jul 1st, 2024 at 18.7000

short term down The short-term trend has been DOWN since Aug 28th, 2024 at 16.9501

Smart Scan Analysis for USOY

Based on our trend formula, USOY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for USOY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.070 15.180 14.640 14.795 -0.195
Prev. Close Volume Bid Ask Time
14.830 42142 2024-09-06 15:59:46
52wk High20.4752wk High Date2024-05-31
52wk Low14.7652wk Low Date2024-09-04
Average Volume28,949
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