| USO latest price $26.6000 (4.97%) ($25.8800 - $27.4900) on Thu. May. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.01% (three month average) |
RSI | 82 |
Latest Price | $26.6000(4.97%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 4.4% a day on average for past five trading days. |
Weekly Trend | USO advances 10.9% a week on average for past two weeks. |
Market Behavior | Normal 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(53%) VYM(36%) XME(36%) |
Factors Impacting USO price | USO will decline at least -4.005% in a week (0% probabilities). VIXM(-19%) UUP(-18%) TLT(-17%) VXX(-14%) BNDX(-10%) |
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 | -4.005% (StdDev 8.01%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.4% |
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