United States Oil and Gas Corp (fka USOG)

[The_Pro]

Back To The Business Front

Per INO.com technical analysis:

UNITED STATES OIL AN (NASDAQ:USOG)
Strong Downtrend
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
Based on a pre-defined weighted trend formula for chart analysis, USOG scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):


+10 Last Hour Close Above 5 Hour Moving Average
-15 New 3 Day Low on Thursday
-20 Last Price Below 20 Day Moving Average
-25 New 3 Week Low, Week Ending July 10th
-30 New 3 Month Low in July

-90 Total Score

Just posting what INO.com has said.