| USO latest price $27.1200 (0.18%) ($26.6510 - $27.5300) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.95% (three month average) |
RSI | 85 |
Latest Price | $27.1200(0.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.6% a day on average for past five trading days. |
Weekly Trend | USO advances 7.2% 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(62%) OIH(52%) VYM(35%) XME(35%) |
Factors Impacting USO price | USO will decline at least -3.975% in a week (0% probabilities). VIXM(-18%) UUP(-17%) 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 | -3.975% (StdDev 7.95%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.2% |
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