Pacer American Energy Independence ETF Price & Performance (USAI)

The Pacer American Energy Independence ETF (USAI) is encountering critical resistance at $39.47 and $39.65. Breakouts above these levels signal potential buy opportunities with upside targets of $41.73, while resistance tests suggest short positions. Traders are advised to monitor these thresholds closely for directional cues.1

Technical analysis indicates USAI remains under pressure, with a neutral short-term rating but weak mid-term prospects. Resistance at $39.47 and $39.65 presents challenges, while downside targets of $38.03 and $39 are identified for short strategies. Traders are urged to exercise caution given the stock's lack of support levels.1

USAI presents day trading setups with potential buy signals above $39.65 targeting $41.73, and short opportunities near $39.65 aiming for $39. Stop losses are recommended at $39.56 and $39.74, respectively. These strategies hinge on resistance levels and require close monitoring for execution.1