| USO latest price $98.6400 (0.08%) ($98.0000 - $99.0000) on Mon. Dec. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 58 |
Latest Price | $98.6400(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.1% a day on average for past five trading days. |
Weekly Trend | USO advances 1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(60%) XOP(60%) OIH(54%) XME(37%) VYM(36%) |
Factors Impacting USO price | USO will decline at least -1.105% in a week (0% probabilities). VIXM(-30%) VXX(-18%) TLT(-17%) BNDX(-5%) SHY(-4%) |
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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.7% |
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