Trading Signals: USO Stock Price Prediction and Forecast

^ USO: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Thu. Jul. 9, 2020

Trading Signals: USO Stock Price Prediction and Forecast (Mon. Apr. 10, 2006 - Fri. Dec. 22, 2023)

(United States Oil)
USO latest price $28.4100 (-2.64%) ($28.2100 - $29.1100) on Thu. Jul. 9, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.34% (three month average)
RSI   55
Latest Price   $28.4100(-2.64%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Weekly Trend   USO advances 1.2% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support USO advance at 0% a week (0% probability)
XLE(64%)    XOP(64%)    OIH(52%)    XME(34%)    VYM(33%)
Factors Impacting USO price   USO will decline at least -2.67% in a week (0% probabilities).
UUP(-17%)    TLT(-16%)    VIXM(-14%)    VXX(-12%)    BNDX(-9%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.67% (StdDev 5.34%)
Hourly BBV -1.9 ()
Intraday Trend -2.3%

Inflection Point   Yes
5 Day Moving Average   $28.82(-1.42%)
10 Day Moving Average   $28.43(-0.07%)
20 Day Moving Average   $28.03(1.36%)
To recent high   -28.7%
To recent low   66.7%
Market Cap   $N/A

$. USO price fluctuates within 2.89% (three month std-dev: 5.34%) daily (68% of days).

Sample size 3 Average positive next day return: 2.18%(100%) Average negative next day return: 0%(0%) Sample size 3 Average positive next three day return: 1.8%(100%) Average negative next three day return: %(0%) Sample size 3 Average positive next weekly return: 4.3%(33%) Average negative next weekly return: -1.47%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200809

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_9_2020	36.87		28.43	28.82	28.91	28.89	28.41(-2.64%)	UD	OpenLong	65	-0.5	3	0	-1	13	5.59	19%	-1.68	19.7	5.34%	-1.9	0.5	55	0.8
2	Jul_8_2020	37.5	28.03	28.33	28.81	28.92	28.99	29.18(1.35%)	UT	OpenLong	75	0.5	8	30	5	15	4.67	19%	-1.55	27	5.4%	1.5	1.4	63	0.9
3	Jul_7_2020	38.09	27.98	28.33	28.58	28.71	28.92	28.79(-0.59%)	UD	OpenLong	75	0.3	6	60	3	13	4.66	18%	-0.26	28.4	5.45%	-0.7	1.1	58	0.7
4	Jul_6_2020	38.19	27.95	28.27	28.48	28.51	28.84	28.96(0.73%)	UT	OpenLong	75	0.6	11	80	8	20	6.13	17%	-2.77	37.9	5.52%	0.9	1.3	63	1.1
5	Jul_2_2020	39.28	27.94	28.19	28.16	28.28	28.5	28.75(1.41%)	UT	OpenLong	75	0.8	9	70	6	18	5.54	36%	-1.48	45.7	5.89%	1.2	1.1	66	0.8

6	Jul_1_2020	39.87	27.87	28.1	28	27.96	28.17	28.35(1.03%)	UT	OpenLong	75	0.5	8	50	4	18	6.93	36%	-1.41	55.7	6.26%	1.3	0.7	65	0.6
7	Jun_30_2020	40.44	27.81	28	27.78	27.79	28.06	28.06(-0.74%)	UD	OpenLong	75	0.4	3	70	1	10	5.82	36%	-1.37	60.5	6.23%	0.4	0.3	48	0.3
8	Jun_29_2020	41	27.76	27.96	27.91	27.71	27.75	28.27(3.33%)	UT	HoldLong	50	0.4	2	-10	-1	9	6.95	36%	-1.39	68.5	6.26%	1.5	0.6	49	-0.2
9	Jun_26_2020	41.58	27.67	27.84	28.05	27.95	27.51	27.36(-2.08%)	N/A	N/A	0	-0.8	-2	-120	-5	6	5.25	34%	-1.42	72.3	6.31%	-0.5	-0.4	45	-0.9
10	Jun_25_2020	42.18	27.6	27.76	28.22	28.26	27.67	27.94(2.53%)	N/A	N/A	0	-0.3	-4	-140	-6	2	8.64	34%	-1.36	64.1	6.33%	-0.2	0.3	44	-0.3

11	Jun_24_2020	42.76	27.47	27.62	28.21	28.45	28.39	27.25(-5.12%)	DT	OpenShort	-75	-0.8	-3	10	-4	-1	11.05	34%	-1.34	56.6	6.33%	-1.7	-0.2	51	-0.7
12	Jun_23_2020	43.34	27.37	27.73	28.22	28.41	28.85	28.72(-0.9%)	UD	OpenLong	75	0.4	7	130	7	7	7.32	34%	-1.28	57.3	6.31%	-0.1	1.1	61	-0
13	Jun_22_2020	43.9	27.22	27.68	28	28.01	28.51	28.98(2.66%)	UT	OpenLong	75	0.8	10	130	10	9	8.77	34%	-1.33	58.4	6.31%	1.6	1.5	63	-0.2
14	Jun_19_2020	44.49	27.05	27.6	27.6	27.76	27.97	28.23(1.22%)	UT	OpenLong	75	0.5	10	70	10	8	15.49	38%	-1.37	63.4	6.37%	0.9	1	65	-0.8
15	Jun_18_2020	45.11	26.96	27.64	27.24	27.23	27.51	27.89(2.24%)	UT	OpenLong	75	0.6	5	70	4	8	7.15	34%	-1.36	78	6.61%	1.4	0.8	65	-0.7

16	Jun_17_2020	45.73	26.83	27.6	26.94	26.94	27.55	27.28(-1.3%)	UD	OpenLong	75	0.3	5	160	3	9	7.36	33%	-1.38	89.3	6.94%	0.1	0.4	68	-0.9
17	Jun_16_2020	46.37	26.7	27.59	27.17	26.73	26.96	27.64(2.45%)	UT	OpenLong	75	0.4	6	10	2	19	11.82	31%	-1.34	102.4	6.97%	1.1	0.8	70	-1
18	Jun_15_2020	47	26.54	27.54	27.32	26.89	26.33	26.98(2.08%)	UD	OpenLong	65	-0.3	1	-190	-6	23	10.23	31%	-1.38	112.8	7.13%	1.5	0.3	61	-1.3
19	Jun_12_2020	47.66	26.33	27.49	27.6	27.38	26.5	26.43(0.27%)	N/A	N/A	0	-0.7	-4	-250	-14	27	8.87	32%	-1.41	104	7.18%	-0.6	0.1	59	-1.4
20	Jun_11_2020	48.34	26.11	27.46	28.09	27.92	27.45	26.36(-7.28%)	UD	OpenLong	65	-0.9	2	-140	-10	36	22.75	32%	-1.43	98.9	7.2%	-1.8	0.1	50	-2.6

21	Jun_10_2020	49.04	25.84	27.36	28.32	28.47	28.25	28.43(0.04%)	UT	OpenLong	75	0	14	-40	3	46	8.27	36%	-1.43	87.7	7.17%	0.9	1.2	70	0.9
22	Jun_9_2020	49.75	25.48	27.03	28.06	28.2	28.39	28.42(0.18%)	UT	OpenLong	75	0.2	12	60	2	43	10.15	32%	-0.44	79.2	7.32%	-0.2	1.2	74	1
23	Jun_8_2020	49.97	25.12	26.75	27.79	27.93	28.68	28.37(-1.73%)	UD	OpenLong	75	0.2	18	200	10	43	14.09	32%	-1.42	78.2	7.93%	0.3	1.3	74	1.6
24	Jun_5_2020	50.69	24.78	26.46	27.36	27.48	28	28.87(4.98%)	UT	HoldLong	65	0.6	22	150	13	47	11.76	31%	-1.4	79.3	7.99%	1.4	1.7	83	2
25	Jun_4_2020	51.41	24.35	26.2	26.76	26.79	27.19	27.5(1.4%)	UT	HoldLong	65	0.3	19	110	8	51	11.15	31%		76.9	7.96%	1.6	1.3	84	1.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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