USL United States 12 Month Oil Forecast, Technical & Fundamental Analysis
The investment seeks to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the average of the prices of specified short-term futures contracts on light, sweet crude oil plus interest earned on USL’s collateral holdings, less USL’s expenses... Show more
USL's Stochastic Oscillator stays in oversold zone for 3 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for USL just turned positive on May 08, 2025. Looking at past instances where USL's MACD turned positive, the stock continued to rise in of 55 cases 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 USL advanced for three days, in of 341 cases, the price rose further within the following month. The odds of a continued upward trend are .
USL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 331 cases where USL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on May 27, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on USL as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 USL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Advertisement
General Information
Category CommoditiesBroadBasket
USL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, USL has been closely correlated with USOI. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if USL jumps, then USOI could also see price increases.
| Ticker / NAME | Correlation To USL | 1D Price Change % | ||
|---|---|---|---|---|
| USL | 100% | -0.63% | ||
| USOI - USL | 94% Closely correlated | -0.29% | ||
| BCIM - USL | 28% Poorly correlated | -0.12% | ||
| GLDM - USL | 25% Poorly correlated | -0.65% | ||
| PHYS - USL | 24% Poorly correlated | -0.71% | ||
| SGOL - USL | 20% Poorly correlated | -0.66% | ||
More | ||||