USE Stock Summary and Trading Ideas (Uscf ETF Trust Uscf Energy Commodity Strategy Absolute Return | ARCA:USE)

The Fund is an actively managed exchange-traded fund. The Fund seeks long-term total return by using a proprietary methodology to invest in and allocate among energy-related derivative instruments based upon oil, petroleum, and natural gas, as well as other energy-related derivative instruments. Specifically, the Fund anticipates that it will invest in futures contracts including, but not limited to, WTI crude oil, Henry Hub natural gas, NY Harbor ultra-low sulfur diesel (formerly heating oil), RBOB gasoline, Brent crude oil and gasoil.

Uscf ETF Trust Uscf Energy Commodity Strategy Absolute Return trades on the ARCA stock market under the symbol USE.

As of December 13, 2024, USE stock price climbed to $38.58 with 212 million shares trading.

USE has a market cap of $3.86 million. This is considered a Sub-Micro Cap stock.

USE has underperformed the market in the last year with a return of +13.9%, while the SPY ETF gained +29.9%. In the last 3 month period, USE fell short of the market, returning +4.1%, while SPY returned +7.8%. However, in the most recent 2 weeks USE has outperformed the stock market by returning +5.1%, while SPY returned +0.3%.

USE support price is $37.34 and resistance is $38.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that USE shares will trade within this expected range on the day.