| USO latest price $76.7200 (1.27%) ($75.8400 - $76.8800) on Fri. Jul. 14, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.87% (three month average) |
RSI | 70 |
Latest Price | $76.7200(1.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.1% a day on average for past five trading days. |
Weekly Trend | USO advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XOP(62%) XLE(61%) OIH(56%) XME(37%) VYM(35%) |
Factors Impacting USO price | USO will decline at least -0.935% in a week (0% probabilities). TLT(-17%) VIXM(-11%) UUP(-9%) SHY(-6%) BNDX(-5%) |
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 | -0.935% (StdDev 1.87%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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