| USO latest price $81.6500 (1.33%) ($80.2550 - $81.8400) on Fri. May. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.62% (three month average) |
RSI | 56 |
Latest Price | $81.6500(1.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.1% 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 | Normal for large cap. Normal 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 -1.81% in a week (0% probabilities). UUP(-24%) 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 | -1.81% (StdDev 3.62%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.5% |
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