Trading Signals: USO Stock Price Prediction and Forecast

^ USO: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Thu. Jul. 9, 2020

Trading Signals: USO Stock Price Prediction and Forecast (Mon. Apr. 10, 2006 - Thu. Jul. 9, 2020)

(United States Oil)

USO latest price $28.4100 (-2.64%) ($28.2100 - $29.1100) on Thu. Jul. 9, 2020.

Trend and Trading Plan

Trend Narrative Uptrend
Trading Plan Not Available

Hourly Trend -0.35% ($28.79, $28.89, $0.39)

USO Next Day Target Price $28.29(-0.41%)

USO 5 Day Price Forecast

Bullish Probability   50%
Bullish Price Move   5.3%
Bearish Probability   50%
Bearish Price Move   -5.3%
Recommended Position Size   0%
Latest Price   $28.4100
5 Day Target Price   $27.8(-2.14%)
5 Day Price Range   $27.66 - $29.16
Inflection Point   Yes
To recent high   -28.7%
To recent low   66.7%

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. USO price fluctuates within 2.89% (three month std-dev: 5.34% one year average std_dev: 0%) daily (68% of days).
$. USO price fluctuates within 0% weekly (one year average std_dev: %).
$. USO is 58% correlated to SPY, and 55% correlated to QQQ.

Analysis News Options Weekly Chart Daily Chart Hourly Chart 5 Minute Chart

i	Date	Close	Daily Return	Volume millions	To High-Low	Close to ema5	ema5 Trend	ema10 Trend	ema20 Trend	BBV	5 Day Price Change	5 Day Target	SRI	Trend-Narrative	RSI
1	Jul_9_2020	28.41	-2.64%	5.59	-28.7%-66.7%	0	0	0.4	0.2	0.5	-2.14%	27.8	0.1,-0.4\|\|75	Uptrend	55
2	Jul_8_2020	29.18	1.35%	4.67	-32.1%-71.2%	0.2	0.3	0.4	0.3	1.4	1.08%	29.5	0.2,-1.1\|\|85	Uptrend	63
3	Jul_7_2020	28.79	-0.59%	4.66	-33%-69%	0.1	0.1	0.4	0.3	1.1	0%	28.79	0.2,-0.9\|\|82	Uptrend	58
4	Jul_6_2020	28.96	0.73%	6.13	-33.9%-70%	0.3	0.4	0.6	0.4	1.3	0.55%	29.12	0.2,-1\|\|84	Growing Uptrend	63
5	Jul_2_2020	28.75	1.41%	5.54	-39.1%-68.7%	0.4	0.2	0.6	0.5	1.1	1.77%	29.26	0.2,-0.9\|\|84	Growing Uptrend	66

6	Jul_1_2020	28.35	1.03%	6.93	-39.9%-66.4%	0.2	0.3	0.7	0.6	0.7	1.88%	28.88	0.2,-0.5\|\|82	Growing Uptrend	65
7	Jun_30_2020	28.06	-0.74%	5.82	-40.6%-64.7%	0.2	-0.2	0.4	0.6	0.3	0%	28.06	0.1,-0.2\|\|-83	Uptrend	48
8	Jun_29_2020	28.27	3.33%	6.95	-40.1%-65.9%	0.2	-0.2	0.3	0.7	0.6	1.25%	28.62	0.2,-0.5\|\|-83	Uptrend	49
9	Jun_26_2020	27.36	-2.08%	5.25	-42%-60.6%	-0.4	-0.2	0.3	0.7	-0.4	6.31%	29.09	0.2,0.3\|\|-83	Uptrend Dip	45
10	Jun_25_2020	27.94	2.53%	8.64	-40.8%-64%	-0.2	0	0.1	0.6	0.3	1.27%	28.29	0.2,-0.2\|\|72	Uptrend	44

11	Jun_24_2020	27.25	-5.12%	11.05	-42.3%-59.9%	-0.5	-0	0	0.6	-0.2	1.9%	27.77	0.1,0.2\|\|-83	N/A	51
12	Jun_23_2020	28.72	-0.9%	7.32	-39.2%-68.5%	0.3	0.2	0.1	0.6	1.1	0%	28.72	0.2,-0.9\|\|81	Uptrend	61
13	Jun_22_2020	28.98	2.66%	8.77	-38.6%-70.1%	0.6	0.3	0.1	0.6	1.5	1.26%	29.35	0.2,-1.2\|\|85	Uptrend	63
14	Jun_19_2020	28.23	1.22%	15.49	-40.2%-65.7%	0.4	0.3	0.1	0.6	1	1.27%	28.59	0.2,-0.8\|\|84	N/A	65
15	Jun_18_2020	27.89	2.24%	7.15	-40.9%-63.7%	0.4	0.3	0.2	0.8	0.8	1.32%	28.26	0.2,-0.6\|\|83	Uptrend	65

16	Jun_17_2020	27.28	-1.3%	7.36	-42.2%-60.1%	0.2	-0.2	0.2	0.9	0.4	-2.08%	26.71	0.2,-0.3\|\|-83	Uptrend	68
17	Jun_16_2020	27.64	2.45%	11.82	-42.9%-62.2%	0.2	-0.1	0.4	1	0.8	2.09%	28.22	0.3,-0.6\|\|-83	Uptrend	70
18	Jun_15_2020	26.98	2.08%	10.23	-44.3%-58.3%	-0.2	-0.2	0.6	1.1	0.3	2.85%	27.75	0.4,-0.3\|\|-83	Uptrend	61
19	Jun_12_2020	26.43	0.27%	8.87	-52.5%-55.1%	-0.6	-0.3	0.6	1	0.1	0%	26.43	0.5,-0.1\|\|-83	Uptrend	59
20	Jun_11_2020	26.36	-7.28%	22.75	-52.7%-54.7%	-0.9	-0.1	0.7	1	0.1	7.2%	28.26	0.6,-0.1\|\|-83	Uptrend Dip	50

21	Jun_10_2020	28.43	0.04%	8.27	-50.9%-66.8%	0.1	0.1	0.6	0.9	1.2	0%	28.43	0.7,-0.9\|\|83	Uptrend	70
22	Jun_9_2020	28.42	0.18%	10.15	-50.9%-66.8%	0.2	0.1	0.6	0.8	1.2	0%	28.42	0.7,-0.9\|\|83	Uptrend	74
23	Jun_8_2020	28.37	-1.73%	14.09	-51%-66.5%	0.3	0.2	0.5	0.8	1.3	-7.93%	26.12	0.7,-1\|\|84	Uptrend	74
24	Jun_5_2020	28.87	4.98%	11.76	-62.4%-69.4%	0.7	0.2	0.6	0.8	1.7	5.59%	30.48	0.7,-1.3\|\|80	Uptrend	83
25	Jun_4_2020	27.5	1.4%	11.15	-65.1%-61.4%	0.3	0.2	0.6	0.8	1.3	5.57%	29.03	0.7,-1\|\|62	Uptrend	84
i	Date	Close	Daily Return	Volume millions	To High-Low	Close to ema5	ema5 Trend	ema10 Trend	ema20 Trend	BBV	5 Day Price Change	5 Day Target	SRI	Trend Narrative	RSI