| USO latest price $35.5900 (1.02%) ($35.0300 - $35.6600) on Mon. Jan. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 77 |
Latest Price | $35.5900(1.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.1% a day on average for past five trading days. |
Weekly Trend | USO advances 2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(67%) XOP(66%) OIH(52%) XME(33%) URA(30%) |
Factors Impacting USO price | USO will decline at least -0.97% in a week (0% probabilities). UUP(-16%) TLT(-15%) VXX(-11%) 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 | -0.97% (StdDev 1.94%) |
Hourly BBV | 0.4 () |
Intraday Trend | 1.4% |
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