Saturday, May 15, 2010

Oil Crashes: Top Oil ETFs To Buy and To Sell

As readers know, we track oil ETFs live as one of our Live tracking sites. It shows live performance, both daily and since Jan 2009:


With oil dropping so much this week, we also computed the relative strength indicators of all the ETFs for short, medium, and long terms. We then sorted them by our preferred indicators, RSIA (average of time frames). These are the current values:

Deeply oversold are: HOU.TO, OIL, USO, UCO (click on each link to receive buy/sell alerts)

Deeply overbought is DUG, while HOD.TO is also deeply oversold in the short term.

ETF names:

Note: You may receive technical analysis and alerts of these stocks, sent automatically to you, by entering the symbols in the Technical Trend Analysis Tool, (powered by INO).

Stumble Upon Toolbar

No comments:

Financial TV

Blog Archive

// adding Google analytics