| USO latest price $69.0200 (-0.55%) ($67.8000 - $69.3900) on Wed. Feb. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 43 |
Latest Price | $69.0200(-0.55%) |
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 0.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) OIH(70%) XLE(70%) XOP(69%) VYM(36%) XME(36%) |
Factors Impacting USO price | USO will decline at least -1.005% in a week (0% probabilities). SHY(-18%) BNDX(-16%) VXX(-14%) UUP(-14%) SMH(-12%) |
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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0.3% |
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