| USO latest price $43.0700 (4.69%) ($41.5000 - $43.4600) on Thu. Mar. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 69 |
Latest Price | $43.0700(4.69%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.3% a day on average for past five trading days. |
Weekly Trend | USO advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(68%) XOP(66%) OIH(52%) XME(33%) URA(30%) |
Factors Impacting USO price | USO will decline at least -0.81% 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 | -0.81% (StdDev 1.62%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.9% |
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