| USO latest price $25.0000 (-2.57%) ($24.2600 - $25.3400) on Wed. May. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.07% (three month average) |
RSI | 72 |
Latest Price | $25.0000(-2.57%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.4% a day on average for past five trading days. |
Weekly Trend | USO advances 10.8% a week on average for past two weeks. |
Market Behavior | Value stock 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(64%) XOP(63%) OIH(53%) VYM(36%) XME(36%) |
Factors Impacting USO price | USO will decline at least -4.035% in a week (0% probabilities). VIXM(-18%) 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 | -4.035% (StdDev 8.07%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.7% |
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