| USO latest price $86.4800 (2.95%) ($85.6800 - $86.8800) on Wed. Feb. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 32 |
Latest Price | $86.4800(2.95%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.2% a day on average for past five trading days. |
Weekly Trend | USO declines -3.1% 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) XLE(60%) XOP(60%) OIH(54%) XME(37%) VYM(36%) |
Factors Impacting USO price | USO will decline at least -0.8% in a week (0% probabilities). VIXM(-30%) VXX(-18%) TLT(-17%) SHY(-8%) BNDX(-5%) |
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 | -0.8% (StdDev 1.6%) |
Hourly BBV | 1.5 () |
Intraday Trend | -0.1% |
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