| USO latest price $116.0800 (-0.34%) ($115.1200 - $116.6400) on Wed. May. 23, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 75 |
Latest Price | $116.0800(-0.34%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.1% 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 | Growth stock 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(60%) OIH(56%) XME(37%) VYM(35%) |
Factors Impacting USO price | USO will decline at least -0.7% in a week (0% probabilities). TLT(-17%) VXX(-16%) VIXM(-10%) UUP(-8%) SHY(-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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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