| USO latest price $39.2800 (0.28%) ($39.0100 - $39.4700) on Wed. Feb. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 79 |
Latest Price | $39.2800(0.28%) |
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 4.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(68%) XOP(66%) OIH(53%) XME(33%) URA(30%) |
Factors Impacting USO price | USO will decline at least -0.705% 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 | -0.705% (StdDev 1.41%) |
Hourly BBV | 1 () |
Intraday Trend | 0.1% |
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