UGA sees its Stochastic Oscillator ascends from oversold territory On November 22, 2022, the Stochastic Oscillator for UGA moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 52 instances where the indicator left the oversold zone. In 49 of the 52 cases the stock moved higher in the following days. This puts the odds of a move higher at over 90%. Technical Analysis (Indicators) Bullish Trend Analysis Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UGA advanced for three days, in of 365 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 384 cases where UGA 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 10-day RSI Indicator for UGA moved out of overbought territory on November 07, 2022. 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 42 similar instances where the indicator moved out of overbought territory. In of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at . The Momentum Indicator moved below the 0 level on November 15, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on UGA as a result. In of 71 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 Moving Average Convergence Divergence Histogram (MACD) for UGA turned negative on November 09, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at . UGA moved below its 50-day moving average on November 23, 2022 date and that indicates a change from an upward trend to a downward trend. 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 . UGA broke above its upper Bollinger Band on November 02, 2022. 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. Fundamental Analysis (Ratings) Industry description The investment seeks the daily changes in percentage terms of the spot price of gasoline. The fund invests in futures contracts for gasoline, other types of gasoline, crude oil, diesel-heating oil, natural gas and other petroleum-based fuels. The Benchmark Futures Contract is the futures contract on gasoline as traded on the New York Mercantile Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration. 1 DayMFs / NAMEPrice $Chg $Chg %TEQCX20.950.23+1.11%Touchstone Non-US ESG Equity CJGINX69.300.46+0.67%Janus Henderson Growth And Income ITWAOX16.750.07+0.42%Thomas White American Opportunities InvIVOYX18.120.03+0.17%Delaware Ivy Mid Cap Income Opps YVYRDX16.99-0.01-0.06%VY® Columbia Small Cap Value II R6 A.I.dvisor indicates that over the last year, UGA has been loosely correlated with IAU. These tickers have moved in lockstep 35% of the time. This A.I.-generated data suggests there is some statistical probability that if UGA jumps, then IAU could also see price increases. Ticker / NAMECorrelationTo UGA1D PriceChange %UGA100%-2.49%IAU - UGA35%Loosely correlated+0.64%GLD - UGA35%Loosely correlated+0.62%GLDM - UGA35%Loosely correlated+0.61%PHYS - UGA34%Loosely correlated+0.07%SLV - UGA32%Poorly correlated+1.96% More