| USO latest price $85.5200 (-1.93%) ($85.0400 - $87.4400) on Mon. Jan. 14, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.68% (three month average) |
RSI | 68 |
Latest Price | $85.5200(-1.93%) |
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 6.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(55%) XME(37%) VYM(35%) |
Factors Impacting USO price | USO will decline at least -1.34% in a week (0% probabilities). TLT(-18%) VXX(-16%) VIXM(-9%) UUP(-9%) 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 | -1.34% (StdDev 2.68%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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