| USO latest price $69.3200 (2.39%) ($68.8700 - $69.5600) on Fri. Dec. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 52 |
Latest Price | $69.3200(2.39%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.3% a day on average for past five trading days. |
Weekly Trend | USO advances 2.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(68%) XOP(67%) VYM(35%) VFMO(27%) XLB(27%) |
Factors Impacting USO price | USO will decline at least -1.12% in a week (0% probabilities). UUP(-17%) VXX(-13%) TLT(-12%) BNDX(-11%) VCIT(-8%) |
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 | -1.12% (StdDev 2.24%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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