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Stock Trend Analysis Report

Prepared for you on Thursday, October 29, 2020.

United States Oil Fund (PACF:USO)

Long-Term Downtrend (-90) - USO is in a strong downtrend that is likely to continue. While USO 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 USO?

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

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

PACF_USO
Open High Low USO Price Change
24.920 25.740 24.750 25.645 -0.665
Entry Signal

MarketClub’s Trade Triangles for USO

long term down The long-term trend has been DOWN since Oct 2nd, 2020 at 26.2715

intermediate term down The intermediate-term trend has been DOWN since Oct 26th, 2020 at 27.4400

short term down The short-term trend has been DOWN since Oct 21st, 2020 at 28.3300

Smart Scan Analysis for USO

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

-90
Smart Scan Analysis for USO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.920 25.740 24.750 25.645 -0.665
Prev. Close Volume Bid Ask Time
27.520 7631747 2020-10-29 15:08:34
Year High16.24Year High Date2018-10-03
Year Low10.6Year Low Date2018-11-28
52wk High106.5652wk High Date2020-01-06
52wk Low16.8852wk Low Date2020-04-28
Year End Close33.37Average Volume5,278,771
Shares Outstanding20,113Assets472,170,613M
Liabilities50,555,273MBeta1.14
Volatility39.38
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