| USO latest price $93.0400 (2.47%) ($91.1200 - $93.5200) on Fri. Feb. 1, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 64 |
Latest Price | $93.0400(2.47%) |
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 1.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -1.365% in a week (0% probabilities). TLT(-18%) VXX(-16%) UUP(-9%) VIXM(-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 | -1.365% (StdDev 2.73%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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