| USO latest price $28.7500 (1.41%) ($28.3400 - $29.0500) on Thu. Jul. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.89% (three month average) |
RSI | 66 |
Latest Price | $28.7500(1.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.6% a day on average for past five trading days. |
Weekly Trend | USO advances 1.5% 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 -2.945% in a week (0% probabilities). UUP(-17%) TLT(-16%) VIXM(-15%) VXX(-13%) 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 | -2.945% (StdDev 5.89%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.1% |
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