| USO latest price $69.0500 (0.03%) ($68.4900 - $69.9600) on Fri. Dec. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 51 |
Latest Price | $69.0500(0.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.6% a day on average for past five trading days. |
Weekly Trend | USO advances 1.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) ONLN(89%) IWO(86%) EDOC(84%) IBUY(90%) IDRV(87%) |
Factors Impacting USO price | USO will decline at least -1.065% in a week (0% probabilities). UUP(-54%) TBT(-40%) SHY(-4%) VIXM(4%) XLP(11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.065% (StdDev 2.13%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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