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Stock Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

United States Oil Fund (PACF:USO)

Bull Market Weakness (+75) - USO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USO as it may be in the beginning stages of a reversal.

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
79.28 79.53 78.85 79.40 +0.73
Entry Signal

MarketClub’s Trade Triangles for USO

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 72.370

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2024 at 77.775

short term up The short-term trend has been UP since Jun 7th, 2024 at 73.470

Smart Scan Analysis for USO

Based on our trend formula, USO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.28 79.53 78.85 79.40 +0.73
Prev. Close Volume Bid Ask Time
78.67 1340572 2024-06-20 15:59:32
Year High16.24Year High Date2018-10-03
Year Low10.6Year Low Date2018-11-28
52wk High83.4152wk High Date2024-04-12
52wk Low60.869952wk Low Date2023-06-28
Year End Close33.37Average Volume2,333,566
Shares Outstanding20,113Assets163,711,417M
Liabilities6,913,216MP/E Ratio2.7538
Beta1.14Volatility39.38
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