Buy, Sell or Hold: iPath S&P GSCI Crude Oil (OIL-N) — Stock Predictions at Stockchase

iPath S&P GSCI Crude Oil (OIL-N)

NYSEARCA:OIL

28.42

0.00 (0.00%) 1d

COMMENT

Does this track the price of oil accurately? This ETF does not track it well, because oil is based upon West Texas crude and its long term one-year contract. That eliminates the whole issue of contango. It does track the spot price, but you have contango issues.

PAST TOP PICK

(Top Pick Nov 9/11, Up 7.04%) Not in his new top picks but he still likes it. It is to be seen if it will break the resistance level of $28 and if it does not he will sell it.

TOP PICK

S&P GSCI Crude Oil ETN. Tracks the spot price. Oil is not in its seasonally strong spot right now but from a technical perspective, the chart looks like good for a short-term play. Broke up in October and has a neckline at around $22.

SELL

This is a play on crude oil commodity rather than companies. The chart shows that oil has broken out of a base and a good possibility of oil getting into the $60 area. We are so close to this that he would take profits now. If oil were to pull back to $45 he would look at getting back in.

Showing 1 to 4 of 4 entries

iPath S&P GSCI Crude Oil(OIL-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for iPath S&P GSCI Crude Oil is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

iPath S&P GSCI Crude Oil(OIL-N) Frequently Asked Questions

What is iPath S&P GSCI Crude Oil stock symbol?

iPath S&P GSCI Crude Oil is a American stock, trading under the symbol OIL-N on the NYSE Arca (OIL). It is usually referred to as AMEX:OIL or OIL-N

Is iPath S&P GSCI Crude Oil a buy or a sell?

In the last year, there was no coverage of iPath S&P GSCI Crude Oil published on Stockchase.

Is iPath S&P GSCI Crude Oil a good investment or a top pick?

iPath S&P GSCI Crude Oil was recommended as a Top Pick by on . Read the latest stock experts ratings for iPath S&P GSCI Crude Oil.

Why is iPath S&P GSCI Crude Oil stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is iPath S&P GSCI Crude Oil worth watching?

In the last year 0 stock analysts on Stockchase covered iPath S&P GSCI Crude Oil. The stock is worth watching.

What is iPath S&P GSCI Crude Oil stock price?

On 2023-06-08, iPath S&P GSCI Crude Oil (OIL-N) stock closed at a price of $28.42.

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iPath S&P GSCI Crude Oil (OIL-N)

NYSEARCA:OIL

iPath S&P GSCI Crude Oil(OIL-N)

iPath S&P GSCI Crude Oil(OIL-N)

iPath S&P GSCI Crude Oil(OIL-N)

iPath S&P GSCI Crude Oil(OIL-N)

iPath S&P GSCI Crude Oil(OIL-N) Rating

iPath S&P GSCI Crude Oil(OIL-N) Frequently Asked Questions

What is iPath S&P GSCI Crude Oil stock symbol?

Is iPath S&P GSCI Crude Oil a buy or a sell?

Is iPath S&P GSCI Crude Oil a good investment or a top pick?

Why is iPath S&P GSCI Crude Oil stock dropping?

Is iPath S&P GSCI Crude Oil worth watching?

What is iPath S&P GSCI Crude Oil stock price?

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