Today USOI ranks # as BUY CANDIDATE.
Today USOI ranks # as BUY CANDIDATE.

USOI stock Credit Suisse X-Links Crude Oil Shares Covered Call ETN

USOI stock
Credit Suisse X-Links Crude Oil Shares Covered Call ETN

March 21, 2019
Change 0.68%
Chart period: 2018-12-24 - 2019-03-21
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will USOI stock price go up or down on Mon, 25 Mar 2019?

Our Evaluation:

Stop-Loss: $21.90 (-4.77%) Risk: Low

Evaluation: This stock has low daily movements and this gives low risk. The RSI14 is 72 and this increases the risk substantially. There is a buy signal from pivot bottom found 9 days ago.

Pivot Evaluation:

Fair price March 22, 2019 - $22.96

Current price: $22.99 ( Overvalued )

Fibonacci

Using the Fibonacci method to find support & resistance
Level Price Change
R3 23.08 0.36 %
R2 23.03 0.17 %
R1 23.01 0.05 %
Current price: 22.99 0 %
S1 22.92 -0.32 %
S2 22.89 -0.44 %
S3 22.85 -0.63 %

Accumulated Volume

Using accumulated volume to find support & resistance
Level Price Chg %
R3 0 .
R2 0 .
R1 23.10 0.46 %
Current price 22.99 0 %
S1 22.30 -3.02%
S2 22.04 -4.17%
S3 21.80 -5.20%

About Support and resistance

There are many factors used to determine support and resistance. The most common are:

  • Trend
  • Moving averages
  • Round numbers
  • Previous tops and bottoms
  • Accumulated volume

You may discuss what is the best, but by looking at the chart you will be able to get a more visual expression. Any support or resistance is weakened or strengthened by divergence in volume. If price is falling on high volume support levels may be broken easier. The same if price is rising on low volume, the resistance may be harder to break.