| USO latest price $102.4800 (0%) ($101.6000 - $102.8000) on Thu. Jan. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 77 |
Latest Price | $102.4800(0%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.1% a day on average for past five trading days. |
Weekly Trend | USO advances 1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -0.68% 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 | -0.68% (StdDev 1.36%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0.1% |
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