UGA Stock United States Gasoline (UGA, $63.11) Stochastic Oscillator left the overbought zone on January 08, 2025

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UGA - United States Gasoline

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Odds of DOWN Trend

Price: $63.11

Daily change: -$0.5 (-0.79%)

Daily volume: 6.9K

Net Assets: $101.6M

UGA in downward trend: price may drop because broke its higher Bollinger Band on January 02, 2025

UGA broke above its upper Bollinger Band on January 02, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 45 similar instances where the stock broke above the upper band. In of the 45 cases the stock fell afterwards. This puts the odds of success at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for UGA moved out of overbought territory on January 06, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 45 similar instances where the indicator moved out of overbought territory. In of the 45 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 71 cases where UGA's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where UGA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 31, 2024. You may want to consider a long position or call options on UGA as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for UGA just turned positive on December 30, 2024. Looking at past instances where UGA's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

UGA moved above its 50-day moving average on December 30, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for UGA crossed bullishly above the 50-day moving average on January 02, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UGA advanced for three days, in of 379 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 361 cases where UGA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .