Weaker Buy Today UGA ranks #1774 as BUY CANDIDATE. Stronger Buy
Today UGA ranks #1774 as BUY CANDIDATE.

UGA stock USCommodity Gasoline Fund LP ETF

UGA stock
USCommodity Gasoline Fund LP ETF

April 24, 2019
Change -0.27%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will UGA stock price go up or down on Fri, 26 Apr 2019?

USCommodity Gasoline Fund LP ETF Forecast and Stock Analysis

Technical UGA stock analysis for April 24, 2019.

Buy candidate since 2019-03-29 Gain 12.01%
Shorts 1.34% ( 2013-01-15 )
Cash n/a
Loans n/a
Beta 1.00
ROA n/a

USCommodity Gasoline Fund LP ETF fell by -0.27% in the last day from $33.00 to $32.91 The price has risen in 5 of the last 10 days and is up by 4.98% over the past 2 weeks. Volume has increased in the last day by 2 723 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 31 603 shares bought and sold for approximately $1.04 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the UGA stock was $32.91. This is 0.27% less than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 0.80% from a day low at $32.70 to a day high of $32.96.

30 day high of the UGA stock price was $33.24 and low was $28.49.
90 day high was $33.24 and low was $23.25.
52 week high for the USCommodity Gasoline Fund LP ETF - $37.15 and low - $22.05.

Trend

USCommodity Gasoline Fund LP ETF lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 35.74% during the next 3 months and, with 90% probability hold a price between $43.16 and $45.69 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

USCommodity Gasoline Fund LP ETF holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $32.32 and $30.21. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday April 23, 2019, which indicates further falls until a new bottom pivot has been found. USCommodity Gasoline Fund LP ETF gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's".

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Relative Strength Index (RSI)

The stock holds a RSI14 at 76 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $29.45 and $29.12.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, USCommodity Gasoline Fund LP ETF finds support just below today's level at $29.45. If this is broken, then the next support from accumulated volume will be at $29.12 and $27.07.

Support: $29.45 Price: $32.91 Resistance: $33.00

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.26 between high and low, or 0.80%. For the last week, the stock has had a daily average volatility of 0.82%.

Our recommended stoploss: $31.91 (-3.03%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 76 and this increases the risk substantially. There is a sell signal from pivot top found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today UGA ranks #1774 as BUY CANDIDATE. Stronger Buy
Today UGA ranks #1774 as BUY CANDIDATE.