Logo image of OILU

MICRO OG EXP PROD 3X LEVG (OILU) Stock Technical Analysis

NYSEARCA:OILU - NYSE Arca - US0636795835 - ETF - Currency: USD

31.17  -2.04 (-6.14%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to OILU. OILU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

84% of all other stocks performed better in the past year than OILU.
OILU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month OILU has a been trading in the 27.75 - 34.19 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Weekly and Daily overview Charts
MICRO OG EXP PROD 3X LEVG / OILU Weekly stock chart
MICRO OG EXP PROD 3X LEVG / OILU Daily stock chart
Setup Rating and Analysis

6

OILU has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

28.36

38.30

2 important support areas can be observed.

  • A support zone ranging from 30.80 to 31.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 28.65 to 28.65. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • Resistance @33.22 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 33.91 to 34.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @36.20 from a trend line in the daily time frame.
  • Resistance @37.92 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.79
Mansfield-2.19
10 Day High33.58
10 Day Low28.73
20 Day High34.19
20 Day Low27.75
52 Week High53.98
52 Week Low24.16
Performance
1 Week3.73%
2 Weeks6.27%
1 Month-7.34%
3 Month-20.48%
6 Month-12.79%
12 Month-13.56%
2 Year-26.15%
3 Year-23.79%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.19
RSI(14)50.27
LBB28.23
UBB33.16
MICRO OG EXP PROD 3X LEVG / OILU Daily stock chart

MICRO OG EXP PROD 3X LEVG

NYSEARCA:OILU (2/21/2025, 8:04:02 PM)

31.17

-2.04 (-6.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.14%
1 Week3.73%
2 Weeks6.27%
1 Month-7.34%
3 Month-20.48%
6 Month-12.79%
12 Month-13.56%
2 Year-26.15%
3 Year-23.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.84
ATR(20)%5.77%
ATR Inc0.21%
Range Today1.99
ADR(20)1.68
ADR(20)%5.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.79
Mansfield-2.19
10 Day High33.58
10 Day Low28.73
20 Day High34.19
20 Day Low27.75
52 Week High53.98
52 Week Low24.16
CS1 End31.1
CR1 Start33.22
Volume & EV
DER(3)1.93%
DER(5)1.69%
Volume137.10K
Volume Incr3.11%
Vol(5)136.52K
Vol(50)162.51K