| USO latest price $28.2300 (1.22%) ($27.5400 - $28.8600) on Fri. Jun. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.37% (three month average) |
RSI | 65 |
Latest Price | $28.2300(1.22%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.3% a day on average for past five trading days. |
Weekly Trend | USO advances 0.4% 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(65%) XOP(64%) OIH(53%) XME(36%) VYM(35%) |
Factors Impacting USO price | USO will decline at least -3.185% in a week (0% probabilities). VIXM(-17%) 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 | -3.185% (StdDev 6.37%) |
Hourly BBV | 0.9 () |
Intraday Trend | -1.5% |
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