| USO latest price $21.4500 (4.13%) ($20.5900 - $21.8150) on Thu. May. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.87% (three month average) |
RSI | 54 |
Latest Price | $21.4500(4.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.9% a day on average for past five trading days. |
Weekly Trend | USO advances 6.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal 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(-18%) 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 | 1.6 () |
Intraday Trend | 3.5% |
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