|United States Gasoline -- USA Etf|| |
USD 29.65 0.65 2.24%
Investors can use this prediction interface to forecast United States historic prices and determine the direction of United States Gasoline future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of United States historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of United States Gasoline systematic risks associated with finding meaningful patterns of United States fundamentals over time. Also please take a look at Historical Fundamental Analysis of United States
to cross-verify your projections.
United States Gasoline has current Daily Balance Of Power of 1.08. Balance of Power indicator (or BOP) measures the strength of United States Gasoline market sensitivity to bulls and bears. It estimates the ability of United States buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring United States Balance of Power indicator one can determine a trend of the price direction.
United States Trading Date Momentum
|On October 21 2017 United States Gasoline was traded for 29.65 at the closing time. Highest United States's price during the trading hours was 29.65 and the lowest price during the day was 29.05 . The net volume was 88.1 K. The overall trading history on 21 of October did not result in any price rise and fall. The trading price change to current price is 2.02% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.