| USO latest price $115.2800 (0.28%) ($114.0000 - $115.5200) on Thu. May. 10, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 68 |
Latest Price | $115.2800(0.28%) |
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 1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally 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 -0.725% 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 | -0.725% (StdDev 1.45%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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