| USO latest price $105.1200 (1.31%) ($104.6400 - $105.9200) on Thu. May. 16, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.35% (three month average) |
| RSI | 50 |
| Latest Price | $105.1200(1.31%) |
| 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 declines -0.8% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability)
XOP(61%) XLE(60%) OIH(55%) XME(38%) VYM(35%) |
| Factors Impacting USO price | USO will decline at least -0.675% in a week (0% probabilities).
VXX(-18%) TLT(-18%) VIXM(-8%) SHY(-6%) BNDX(-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 | -0.675% (StdDev 1.35%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.3% |
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