Index Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
United States Gasoline Fund LP (GIF:UGA)
Long-Term Uptrend (+90) - UGA is in a strong uptrend that is likely to continue. While UGA is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid UGA?
MarketClub looks at technical strength and momentum to determine if the timing is right for UGA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UGA
The long-term trend has been UP since Jan 4th, 2021 at 24.3133
The intermediate-term trend has been UP since Apr 14th, 2021 at 32.6721
The short-term trend has been UP since Apr 12th, 2021 at 31.6145
Smart Scan Analysis for UGA
Based on our trend formula, UGA is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).