| USO latest price $78.4600 (1.99%) ($75.6400 - $78.7300) on Wed. Oct. 25, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 64 |
Latest Price | $78.4600(1.99%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO declines -0.4% 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 | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) OIH(66%) XOP(64%) XLE(61%) VIXM(31%) XME(31%) |
Factors Impacting USO price | USO will decline at least -0.8% in a week (0% probabilities). EDOC(-34%) IGOV(-24%) UUP(-22%) TLT(-18%) SPLV(-17%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.8% (StdDev 1.6%) |
Hourly BBV | 0.7 () |
Intraday Trend | 1.8% |
| |
|
|