| USO latest price $43.2700 (0.53%) ($42.8800 - $43.4400) on Thu. Apr. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 67 |
Latest Price | $43.2700(0.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.2% a day on average for past five trading days. |
Weekly Trend | USO advances 1.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(65%) OIH(52%) XME(34%) URA(31%) |
Factors Impacting USO price | USO will decline at least -1.155% in a week (0% probabilities). UUP(-16%) TLT(-16%) VXX(-12%) VIXM(-12%) 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 | -1.155% (StdDev 2.31%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.5% |
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