| USO latest price $105.9200 (2%) ($104.2400 - $106.0800) on Thu. Feb. 1, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 65 |
Latest Price | $105.9200(2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.3% a day on average for past five trading days. |
Weekly Trend | USO advances 1.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock rally 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(36%) |
Factors Impacting USO price | USO will decline at least -0.6% 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 | -0.6% (StdDev 1.2%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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