Technical Analysis for 3OIL - WisdomTree WTI Crude Oil 3x Daily Leveraged
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 38.85 | -8.53% | -3.63 |
3OIL closed down 8.53 percent on Wednesday, May 1, 2024, on 6 percent of normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Flat | Up | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Fell Below 20 DMA | Bearish | 0.00% | |
| Fell Below 200 DMA | Bearish | 0.00% | |
| Stochastic Reached Oversold | Weakness | 0.00% | |
| Multiple of Ten Bearish | Other | 0.00% | |
| Wide Bands | Range Expansion | 0.00% | |
| Down 3 Days in a Row | Weakness | 0.00% | |
| Gapped Down | Weakness | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| 20 DMA Support | Bullish | -8.53% | |
| Spinning Top | Other | -8.53% |
| Alert | Time |
|---|---|
| Down 5% | 3 days ago |
| Fell Below Previous Day's Low | 3 days ago |
| Down 3% | 3 days ago |
| Down 2% | 3 days ago |
| Down 1% | 3 days ago |
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Classification
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 63.065 |
| 52 Week Low | 23.51 |
| Average Volume | 23,729 |
| 200-Day Moving Average | 38.89 |
| 50-Day Moving Average | 35.82 |
| 20-Day Moving Average | 42.67 |
| 10-Day Moving Average | 42.69 |
| Average True Range | 2.76 |
| RSI (14) | 46.52 |
| ADX | 19.58 |
| +DI | 31.02 |
| -DI | 32.81 |
| Chandelier Exit (Long, 3 ATRs) | 41.93 |
| Chandelier Exit (Short, 3 ATRs) | 35.13 |
| Upper Bollinger Bands | 52.67 |
| Lower Bollinger Band | 32.67 |
| Percent B (%b) | 0.31 |
| BandWidth | 46.87 |
| MACD Line | 1.83 |
| MACD Signal Line | 2.51 |
| MACD Histogram | -0.6798 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 42.11 | ||||
| Resistance 3 (R3) | 42.46 | 41.74 | 41.56 | ||
| Resistance 2 (R2) | 41.74 | 40.91 | 41.56 | 41.38 | |
| Resistance 1 (R1) | 40.29 | 40.40 | 39.93 | 39.94 | 41.20 |
| Pivot Point | 39.57 | 39.57 | 39.39 | 39.39 | 39.57 |
| Support 1 (S1) | 38.12 | 38.74 | 37.76 | 37.77 | 36.50 |
| Support 2 (S2) | 37.40 | 38.23 | 37.22 | 36.32 | |
| Support 3 (S3) | 35.95 | 37.40 | 36.14 | ||
| Support 4 (S4) | 35.60 |
