USL Stock United States 12 Month Oil (USL, $37.34) price moved above its 50-day Moving Average on November 21, 2024

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USL - United States 12 Month Oil

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Odds of UP Trend

Price: $37.34

Daily change: +$0.43 (+1.17%)

Daily volume: 2.5K

Net Assets: $55.1M

USL in +3.48% Uptrend, advancing for three consecutive days on November 19, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where USL advanced for three days, in of 352 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 56 cases where USL's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for USL just turned positive on November 21, 2024. Looking at past instances where USL's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .

USL moved above its 50-day moving average on November 21, 2024 date and that indicates a change from a downward trend to an upward trend.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on USL as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The 10-day moving average for USL crossed bearishly below the 50-day moving average on November 18, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over 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 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 .

The Aroon Indicator for USL entered a downward trend on November 07, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.