| USO latest price $85.3600 (0.38%) ($84.4800 - $86.1600) on Wed. Nov. 23, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 61 |
Latest Price | $85.3600(0.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.8% a day on average for past five trading days. |
Weekly Trend | USO advances 2.1% 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) XOP(62%) XLE(61%) OIH(57%) XME(36%) IVE(34%) |
Factors Impacting USO price | USO will decline at least -1.055% in a week (0% probabilities). TLT(-17%) VIXM(-11%) UUP(-8%) SHY(-6%) BNDX(-6%) |
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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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