Uscommodity Gasoline Fund Lp Etf ETF Forecast

Hold candidate since Jul 31, 2026

The USCommodity Gasoline Fund LP ETF price fell by -0.0085% on the last day (Friday, 31st Jul 2026) from $117.95 to $117.94. During the last trading day the ETF fluctuated 1.32% from a day low at $116.88 to a day high of $118.43. The price has been going up and down for this period, and there has been a -1.61% loss for the last 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -52 thousand shares and in total, 51 thousand shares were bought and sold for approximately $5.99 million.

The ETF is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect USCommodity Gasoline Fund LP ETF with a 90% probability to be traded between $97.95 and $124.50 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners.

UGA Signals & Forecast

The USCommodity Gasoline Fund LP ETF holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the ETF giving a positive forecast for the ETF. On further gains, the ETF will meet resistance from the short-term Moving Average at approximately $120.44. On a fall, the ETF will find some support from the long-term average at approximately $110.28. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, July 23, 2026, and so far it has fallen -5.63%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for USCommodity Gasoline Fund LP ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $110.79 and $106.68. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, USCommodity Gasoline Fund LP finds support just below today's level at $110.79. If this is broken, then the next support from accumulated volume will be at $106.68 and $104.21.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $1.55 between high and low, or 1.32%. For the last week, the ETF has had daily average volatility of 1.64%.

Our recommended stop-loss: $111.62 (-5.36%) (This ETF has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 6 days ago.)

Trading Expectations (UGA) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect USCommodity Gasoline Fund LP ETF to open at $117.75, and during the day (based on 14 day Average True Range), to move between $116.32 and $119.56, which gives a possible trading interval of +/-$3.24 (+/-2.79%) up or down from last closing price. If USCommodity Gasoline Fund LP ETF takes out the full calculated possible swing range there will be an estimated 2.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $117.95 (0.01%) than the support at $110.79 (6.06%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is USCommodity Gasoline Fund LP ETF ETF A Buy?

USCommodity Gasoline Fund LP holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold candidate.

Current score: 0.153 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $117.75 ( 0.163%).

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