| USO latest price $57.8300 (-0.34%) ($57.7800 - $58.6900) on Mon. Oct. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 64 |
Latest Price | $57.8300(-0.34%) |
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 2.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(68%) XOP(66%) OIH(51%) URA(31%) XME(31%) |
Factors Impacting USO price | USO will decline at least -0.835% in a week (0% probabilities). UUP(-15%) TLT(-14%) VXX(-11%) VIXM(-10%) IGOV(-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 | -0.835% (StdDev 1.67%) |
Hourly BBV | 0.3 () |
Intraday Trend | -1% |
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