| USO latest price $63.3900 (-0.25%) ($63.1200 - $64.1100) on Mon. Jul. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 52 |
Latest Price | $63.3900(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.2% a day on average for past five trading days. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XOP(68%) XLE(67%) OIH(65%) XME(29%) GLD(25%) |
Factors Impacting USO price | USO will decline at least -1.025% in a week (0% probabilities). JETS(-15%) UUP(-11%) XLV(-10%) SPLV(-8%) IWF(-7%) |
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 | -1.025% (StdDev 2.05%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
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