| USO latest price $120.5600 (0.27%) ($119.8400 - $121.3600) on Tue. Jul. 10, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 83 |
Latest Price | $120.5600(0.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.2% a day on average for past five trading days. |
Weekly Trend | USO advances 4.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XOP(61%) XLE(60%) OIH(56%) XME(37%) VYM(36%) |
Factors Impacting USO price | USO will decline at least -0.785% in a week (0% probabilities). TLT(-18%) 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 | -0.785% (StdDev 1.57%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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