| USO latest price $80.5800 (1.63%) ($78.4500 - $81.3500) on Thu. May. 19, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.65% (three month average) |
| RSI | 57 |
| Latest Price | $80.5800(1.63%) |
| 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 1.7% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability)
XLE(69%) XOP(68%) OIH(45%) URA(36%) VFMO(35%) |
| Factors Impacting USO price | USO will decline at least -1.825% in a week (0% probabilities).
UUP(-25%) TLT(-14%) VXX(-11%) BNDX(-10%) VIXM(-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 | -1.825% (StdDev 3.65%) |
| Hourly BBV | 0.1 () |
| Intraday Trend | 2.6% |
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