| USO latest price $64.8700 (0.95%) ($63.1000 - $65.1500) on Tue. May. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 39 |
Latest Price | $64.8700(0.95%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.6% a day on average for past five trading days. |
Weekly Trend | USO declines -4.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) OIH(70%) XLE(70%) XOP(69%) XME(37%) VYM(30%) |
Factors Impacting USO price | USO will decline at least -1.11% in a week (0% probabilities). SMH(-15%) BNDX(-13%) TLT(-12%) SHY(-12%) UUP(-11%) |
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 | -1.11% (StdDev 2.22%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.6% |
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