- +51.6% YTD performance
- Bullish long-term trend in place
- +38.3% price growth over the last year
USCommodity 12 Month Oil ETF price ended at $50.42 on Friday, after gaining 2.15%
(Updated on Jul 17, 2026)
The USCommodity 12 Month Oil ETF price gained 2.15% on the last trading day (Friday, 17th Jul 2026), rising from $49.36 to $50.42. During the last trading day the ETF fluctuated 1.11% from a day low at $50.19 to a day high of $50.75. The price has risen in 8 of the last 10 days and is up by 12.11% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 thousand more shares were traded than the day before. In total, 15 thousand shares were bought and sold for approximately $780.32 thousand.
The ETF lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $51.86 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -12.06% during the next 3 months and, with a 90% probability hold a price between $38.13 and $45.61 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
USL Signals & Forecast
Mostly positive signals in the chart today. The USCommodity 12 Month Oil ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $48.72 and $49.04. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, July 01, 2026, and so far it has risen 12.92%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). USCommodity 12 Month Oil has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.
Support, Risk & Stop-loss for USCommodity 12 Month Oil ETF
USCommodity 12 Month Oil finds support from accumulated volume at $50.06 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
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 $0.555 between high and low, or 1.11%. For the last week, the ETF has had daily average volatility of 2.09%.
The USCommodity 12 Month Oil ETF is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some ETFS may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the ETF manages to break the trend before that occurs.
Our recommended stop-loss: $48.68 (-3.44%) (This ETF has medium daily movements and this gives medium risk. The RSI14 is 78 and this increases the risk substantially. There is a buy signal from a pivot bottom found 11 days ago.)
Trading Expectations (USL) For The Upcoming Trading Day Of Monday 20th
For the upcoming trading day on Monday, 20th we expect USCommodity 12 Month Oil ETF to open at $50.45, and during the day (based on 14 day Average True Range), to move between $49.81 and $51.02, which gives a possible trading interval of +/-$1.20 (+/-2.42%) up or down from last closing price. If USCommodity 12 Month Oil ETF takes out the full calculated possible swing range there will be an estimated 2.42% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $50.06 (0.70%) than the resistance at $51.15 (1.46%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is USCommodity 12 Month Oil ETF ETF A Buy?
Several short-term signals are positive, despite the ETF being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for ETF to perform well in the short-term.
Current score:
3.450
Buy Candidate
Unchanged
Predicted Fair Opening Price
Predicted fair opening price on July 20, 2026 - $50.45 ( 0.0758%).
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USL Performance
Trading levels for USL
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 51.01 | 1.18% |
| R2 | 50.80 | 0.757% |
| R1 | 50.67 | 0.497% |
| Price | 50.42 | |
| S1 | 50.24 | -0.345% |
| S2 | 50.11 | -0.605% |
| S3 | 49.90 | -1.03% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 52.38 | 3.90% |
| R2 | 51.37 | 1.89% |
| R1 | 51.15 | 1.46% |
| Price | 50.42 | |
| S1 | 50.06 | -0.704% |
| S2 | 49.42 | -1.97% |
| S3 | 47.51 | -5.76% |
FAQ
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