| USO latest price $28.7200 (-0.9%) ($28.5900 - $29.4200) on Tue. Jun. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.31% (three month average) |
RSI | 61 |
Latest Price | $28.7200(-0.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.8% a day on average for past five trading days. |
Weekly Trend | USO advances 0.5% 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(35%) VYM(34%) |
Factors Impacting USO price | USO will decline at least -3.155% in a week (0% probabilities). UUP(-17%) TLT(-16%) VIXM(-15%) VXX(-13%) 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 | -3.155% (StdDev 6.31%) |
Hourly BBV | -0.1 () |
Intraday Trend | -2% |
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