| USO latest price $21.1700 (-1.4%) ($20.7600 - $21.6000) on Mon. May. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.87% (three month average) |
RSI | 46 |
Latest Price | $21.1700(-1.4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.4% a day on average for past five trading days. |
Weekly Trend | USO advances 2.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(64%) XOP(62%) OIH(52%) VYM(36%) XME(36%) |
Factors Impacting USO price | USO will decline at least -3.935% in a week (0% probabilities). VIXM(-19%) UUP(-17%) TLT(-17%) VXX(-14%) BNDX(-9%) |
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 | -3.935% (StdDev 7.87%) |
Hourly BBV | -0 () |
Intraday Trend | -1.5% |
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