| USO latest price $40.8200 (-0.1%) ($40.2700 - $40.9300) on Thu. Apr. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 53 |
Latest Price | $40.8200(-0.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.2% a day on average for past five trading days. |
Weekly Trend | USO declines -0.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally 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(31%) |
Factors Impacting USO price | USO will decline at least -1.15% in a week (0% probabilities). UUP(-16%) TLT(-15%) VIXM(-12%) VXX(-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 | -1.15% (StdDev 2.3%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.4% |
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