| USO latest price $79.5700 (1.47%) ($77.2300 - $80.4400) on Thu. Apr. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.31% (three month average) |
RSI | 47 |
Latest Price | $79.5700(1.47%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.7% a day on average for past five trading days. |
Weekly Trend | USO declines -0.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(69%) XOP(67%) OIH(47%) URA(36%) VFMO(36%) |
Factors Impacting USO price | USO will decline at least -1.655% in a week (0% probabilities). UUP(-24%) TLT(-13%) VXX(-11%) VIXM(-10%) 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 | -1.655% (StdDev 3.31%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.9% |
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