| USO latest price $112.4800 (-0.28%) ($109.2400 - $113.7500) on Tue. May. 8, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 55 |
Latest Price | $112.4800(-0.28%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.7% a day on average for past five trading days. |
Weekly Trend | USO advances 0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(61%) XOP(61%) OIH(56%) XME(37%) VYM(35%) |
Factors Impacting USO price | USO will decline at least -0.73% in a week (0% probabilities). TLT(-17%) VIXM(-10%) UUP(-8%) 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 | -0.73% (StdDev 1.46%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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