| USO latest price $40.8900 (1.09%) ($40.1250 - $40.9600) on Wed. Feb. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.38% (three month average) |
RSI | 90 |
Latest Price | $40.8900(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.9% a day on average for past five trading days. |
Weekly Trend | USO advances 5.5% a week on average for past two weeks. |
Market Behavior | Value stock rally 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(68%) XOP(66%) OIH(53%) XME(33%) URA(30%) |
Factors Impacting USO price | USO will decline at least -0.69% 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 | -0.69% (StdDev 1.38%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.5% |
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