Crude ETFs and ETNs for Monday 3/28/2016

 

  The USA Energy sector is struggling, and could be a victim, not only of crude being added to storage … ( which is as much a function of zero and negative interest rates, uncertain and weak global demand for refined petroleum products ); as it is of misstated, overstated, unreliable OPEC and exporting countries’ production reports.   CAUTION ADVISED!

I.  The Daily Chart(s) and analysis information below is not a buy/sell/sell short recommendation from me.   Disclosure:  I do not own, or trade, at this time, the Exchange Traded Funds (ETF), or Exchange Traded Notes (ETN), charted below.     This is merely part of my own homework and my own due diligence on the ETFs and ETNs as they may, or may not, influence the Indexes, Sectors, Industries, sub-industries, and thereby influence, or not, the performance of stocks, et cetera that I do own.
It is my money, YOUR money, our money … looking at the stock markets is akin to looking at:

  •   a forest…  the trees, bushes, plants (the flora),  the animals (the fauna),  … birds, insects,    … air, water, “food”, temperatures, and more …  that supports the life contained therein, , or;
  •   a 1000 piece picture puzzle that has been removed from its box and bagged with no picture to go by.
   The point is one insect, one bird, one animal, one plant … or one tree does not a forest make … and so if you want to “see” the forest you must both “see” the parts … and the sum of all the bugs, plants, animals, birds, a.k.a. the “parts”, which is the forest at work.  The same goes for your investments.  you must both “see” your investments as “parts” of the whole, to gain an understanding of the markets at work and how that will affect your investments.
 Please note, the Moving Average Convergence Divergence (MACD) indicator, as illustrated in the Daily charts below,  can provide buy/sell indications in three ways: (1) signal line crossovers, (2) overbought/oversold conditions, and (3) divergences … but the MACD  is only one of hundreds of indicators, and your homework is to find the half dozen or so indicators that provide the highest rate of return … with the fewest losing trades. 
   GLTA
  ————————

  II.   US Energy Information Administration   (US EIA)

DTO 20160325d
( 1) Review of DB CRUDE OIL DOUBLE SHORT ETN (DTO) as of 3/24/2016
Close:  167.600       Change:    +2.600  (+1.58%)
 MACD Value:  -15.253    Signal Line:  -14.788
 Currently the MACD Daily Chart of (DTO) is bearish since it is trading below its signal line.  The MACD crossed below its signal line 26 periods ago.  Since the MACD crossed its moving average, DB CRUDE OIL DOUBLE SHORT ETN’s price has decreased -26.15%, and has ranged from a low of 133.030 to a high of 255.000.
The MACD Daily Chart of (DTO) is not in an Overbought/Oversold range.
There have been no divergence signals within the last 5 periods.
Invesco  PowerShares
————————
SZO 20160325d
( 2) Review of DB CRUDE OIL SHORT ETN (SZO) as of 3/24/2016
Close:   98.040     Change:    +1.940
 MACD Value:   -3.715        Signal Line:   -3.617
 Currently the MACD Daily Chart of (SZO) is bearish since it is trading below its signal line.  The MACD crossed below its signal line 25 periods ago.  Since the MACD crossed its moving average, DB CRUDE OIL SHORT ETN’s price has decreased -14.10%, and has ranged from a low of 88.100 to a high of 118.550.
The MACD Daily Chart of (SZO) is not in an Overbought/Oversold range.
There have been no divergence signals within the last 5 periods.
Invesco  PowerShares
————————
OLO 20160325d
( 3)  Review of DB CRUDE OIL Long ETNs (OLO) as of 3/24/2016
Close:    5.880     Change:    +0.100  (+1.73%)
 MACD Value:    0.061     Signal Line:    +0.082
 Currently the MACD Daily Chart of (OLO) is bearish since it is trading below its signal line.  The MACD crossed below its signal line 9 periods ago.  Since the MACD crossed its moving average, DB CRUDE OIL SHORT ETN’s (OLO) price has increased +0.51% , and has ranged from a low of  5.500  to a high of  6.030.
The MACD Daily Chart of (OLO) is not in an Overbought/Oversold range.
There have been no divergence signals within the last 5 periods.
Invesco  PowerShares
————————
OIL 20160325d
( 4)  Review of IPATH S&P GSCI CRUDE OIL TOTAL RETURN (OIL) Idx ETN as of 3/24/2016
Close:    5.300     Change:   -0.060  (-1.12%)
 MACD Value:    0.129     Signal Line:    +0.123
  Currently the MACD Daily Chart of (OIL) is bullish since it is trading above its signal line.  The MACD crossed above its signal line 38 periods ago.  Since the MACD crossed its moving average, IPATH S&P GSCI CRUDE OIL TOTAL RETURN’s (OIL) price has increased +3.52% , and has ranged from a low of 4.300 to a high of  5.850.
The MACD Daily Chart of (OIL) is not in an Overbought/Oversold range.
There have been no divergence signals within the last 5 periods.
 Barclays iPath   ( OIL )   NYSE Arca

————————

DBO 20160324d
( 5)  Review of POWERSHARES DB OIL FUND (DBO) as of 3/24/2016
Close:    7.800     Change:   -0.070 (-0.89%)
 MACD Value:    0.107     Signal Line:    0.087
 Currently the MACD Daily Chart of (DBO) is bullish since it is trading above its signal line.  The MACD crossed above its signal line 41 periods ago.  Since the MACD crossed its moving average, POWERSHARES DB OIL FUND’s (DBO) price has increased +4.84% , and has ranged from a low of  6.790 to a high of  8.170.
The MACD Daily Chart of (DBO) is not in an Overbought/Oversold range.
There have been no divergence signals within the last 5 periods.
Invesco PowerShares
————————
SCO 20160324d
( 6) Review of PROSHARES ULTRASHORT BLOOMBERG CRUDE OIL (SCO) as of 3/24/2016
Close:  122.170     Change:    +1.370  (+1.13%)
 MACD Value:  -12.829     Signal Line:  -12.974
 Currently the MACD  Daily Chart of (SCO) is bullish since it is trading above its signal line.  The MACD crossed above its signal line 0 period(s) ago.  Since the MACD crossed its moving average, PROSHARES ULTRASHORT BLOOMBERG CRUDE OIL’s (SCO) price has been unchanged, and has ranged from a low of 121.260  to a high of 129.633.
The MACD Daily Chart of (SCO) is not in an Overbought/Oversold range.
There have been no (SCO) divergence signals within the last 5 periods.
————————
BNO 20160324d
( 7) Review of UNITED STATES BRENT OIL FUND LP (BNO) as of 3/24/2016
Close:   12.520     Change:   -0.040
US Commodity Funds   ( BNO )    NYSE Arca
 MACD Value:    0.420     Signal Line:    0.425
 Currently the MACD Daily Chart of (BNO) is bearish since it is trading below its signal line.  The MACD crossed below its signal line 0 period(s) ago.  Since the MACD crossed its moving average, UNITED STATES BRENT OIL FUND (BNO) LP’s price has been unchanged, and has ranged from a low of 12.160  to a high of 12.580.
The MACD Daily Chart of (BNO) is not in an Overbought/Oversold range.
There have been no (BNO) divergence signals within the last 5 periods.
————————
USO 20160324
( 8) Review of UNITED STATES OIL FUND LP (USO) as of 3/24/2016
Close:   10.060     Change:   -0.050
US Commodity Funds     ( USO )  NYSE Arca
 MACD Value:    0.306     Signal Line:    0.287
 Currently the MACD Daily Chart of (USO) is bullish since it is trading above its signal line.  The MACD crossed above its signal line 27 periods ago.  Since the MACD crossed its moving average, UNITED STATES OIL FUND LP’s price has increased +21.06% , and has ranged from a low of 8.140 to a high of 10.800.
The MACD Daily Chart of (USO) is not in an Overbought/Oversold range.
There have been no (USO) divergence signals within the last 5 periods.
————————
DNO 20160324d
( 9) Review of UNITED STATES SHORT OIL FUND (DNO) as of 3/24/2016
Close:   81.387     Change:    +0.536
US Commodity Funds   ( DNO )   NYSE Arca
 MACD Value:   -3.547     Signal Line:   -3.548
 Currently the MACD Daily Chart of (DNO)is bullish since it is trading above its signal line.  The MACD crossed above its signal line 0 period(s) ago.  Since the MACD crossed its moving average, UNITED STATES SHORT OIL (DNO) FUND’s price has been unchanged, and has ranged from a low of 80.226 to a high of 84.055.
The MACD Daily Chart of (DNO) is not in an Overbought/Oversold range.
There have been no (DNO) divergence signals within the last 5 periods.
————————
——  Monday, 3/28/2016 thru (April Fools) Friday 4/1/2016  ——-

 

( x)   All Links can be opened in a new tab or new window …

  •  ( xi )  I will be returning and adding more related chart info including links to charts with  daily, weekly, and monthly chart analysis

 

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Hope the above Crude ETFs and ETNs calculations for Monday 3/28/2016 
help your investing homework and trading today …
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