| USO latest price $36.2400 (1.23%) ($35.6100 - $36.3200) on Thu. Jan. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 78 |
Latest Price | $36.2400(1.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1% a day on average for past five trading days. |
Weekly Trend | USO advances 4.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(67%) XOP(66%) OIH(53%) XME(33%) URA(30%) |
Factors Impacting USO price | USO will decline at least -0.985% in a week (0% probabilities). UUP(-16%) TLT(-15%) VXX(-12%) VIXM(-11%) 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 | -0.985% (StdDev 1.97%) |
Hourly BBV | 2.6 () |
Intraday Trend | 1.6% |
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