| USO latest price $67.1500 (-0.01%) ($65.8800 - $67.3200) on Fri. Dec. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 42 |
Latest Price | $67.1500(-0.01%) |
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. |
Weekly Trend | USO declines -3.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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(84%) XOP(90%) ONLN(80%) XME(77%) UNG(69%) |
Factors Impacting USO price | USO will decline at least -1.055% in a week (0% probabilities). UUP(-28%) JETS(-13%) SPLV(-8%) LQD(-8%) EWJ(-4%) |
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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.1% |
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