| USO latest price $106.6400 (-0.52%) ($105.9200 - $107.0400) on Tue. Apr. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 70 |
Latest Price | $106.6400(-0.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.5% a day on average for past five trading days. |
Weekly Trend | USO advances 3.2% a week on average for past two weeks. |
Market Behavior | Broad based 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 -0.715% 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 | -0.715% (StdDev 1.43%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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