|
|
| ^ USO: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice |
| Fri. Nov. 27, 2020 |
|
Trading Signals: USO Stock Price Prediction and Forecast (Mon. Apr. 10, 2006 - Fri. Nov. 27, 2020)(United States Oil)
USO latest price $31.2200 (-0.48%) ($31.0300 - $31.3600) on Fri. Nov. 27, 2020. Trend and Trading Plan | Trend Narrative | Relative Overbought | | Intraday Reversal Probability | N/A. | | Daily Trend | USO advances 1.4% a day on average for past five trading days. | | Weekly Trend | USO advances 4% a week on average for past two weeks. | | Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. | | Correlated ETFs | Broad market will support USO advance at 1.9% a week (71% probability)
XOP(61%) XLE(60%) OIH(58%) VYM(53%) DIA(52%) | | Factors Impacting USO price | USO will decline at least -1% in a week (24% probabilities).
VIXM(-30%) VXX(-26%) BNDX(-24%) TLT(-20%) FEX(-19%) | | Explanation | The rally is not sustainable and not supported by the broad market. | | Trading Plan | There're alternative trades for stronger advance | | | | | Valuation to SPY | 2 | | | | | Relative Volatility | 2.2 (options are extremely expensive) | | | | | Hourly BBV | 0.7 | | Hourly Trend | 1.96% [$31.26(0.31), $30.66(0.51)] | | Last Hour Trend | 0.13% [$31.2, $31.16] |
USO Next 1 - 5 Day Price Forecast
| Bullish Probability | 67% | | Bullish Price Move | 2.5% | | Bearish Probability | 33% | | Bearish Price Move | -2.5% | | Recommended Position Size | 14% | | Latest Price | $31.2200 | | Next Hour Price | $31.3(0.26%) | | 1 - 3 Day Target Price | $31.39(0.54%) | | 1 - 5 Day Possible Target | $32.87(5.29%) | | 1 - 5 Day Price Range | $29.54 - $32.9 | | Support Level | $28.6 | | 5 Day Moving Average | $30.44(2.56%) | | 10 Day Moving Average | $29.67(5.22%) | | 20 Day Moving Average | $28.6(9.16%) | | To recent high | -0.5% | | To recent low | 23.6% | | Market Cap | $N/A | | | | 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 5.52% (three month std-dev: 2.47% one year average std_dev: 0%) daily (68% of days).
$. USO price fluctuates within 0% weekly (one year average std_dev: %).
Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart | i | Date | To High-Low | ema20
Trend | ema10
Trend | ema5
Trend | Hourly
Trend | Last
Hour | EMA
Ratio | BBV | Hourly
BBV | RV | VS | IV | VIXCD | Volume
millions | Close | ActualPriceRange | Trend-Narrative | NextDay
PriceTarget | NextDayPriceRange | RSI |
|---|
| 1 | Nov_27_2020 | -0.5%-23.6% | 3.3%,0.6(0.2) | 4%,0.7(0) | 1.4%,0.3 | 1.2 | 0.13% | 3.7% | 1.7 | 0.7 | 2 | 2.2 | NAN% | 1.2 | 2.9 | 31.22(-0.48%) | 31.03-31.36 | Relative Overbought | 31.39(0.54%) | 29.54-32.9 | 85 | | 2 | Nov_25_2020 | 0%-24.2% | 2.5%,0.4(0.1) | 3.7%,0.7(0.1) | 1.6%,0.3 | 1.5 | -0.35% | 3.8% | 1.9 | 1.3 | 2.6 | 2.3 | 2.16% | 1.4 | 5.86 | 31.37(1.85%) | 31.02-31.68 | Uptrend | 31.91(1.73%) | 30.71-32.43 | 77 | | 3 | Nov_24_2020 | -0.4%-22% | 1.7%,0.3(0.1) | 3.4%,0.7(-0) | 1.3%,0.3 | 1.2 | -0.06% | 3.9% | 2 | 2.3 | 2.3 | 2 | 1.85% | 1.5 | 9.09 | 30.8(4.34%) | 30.21-31.03 | Uptrend | 31.17(1.19%) | 30.22-31.57 | 72 | | 4 | Nov_23_2020 | -4.6%-16.9% | 1.1%,0.2(0.1) | 3.4%,0.8(-0.1) | 0.5%,0.1 | 0.3 | 0% | 3.8% | 1.3 | 3 | 1.5 | 1.9 | 2.02% | 1.3 | 4.37 | 29.52(0.85%) | 29.41-29.72 | Uptrend | 29.84(1.09%) | 29.18-30.13 | 71 | | 5 | Nov_20_2020 | -5.4%-15.9% | 0.8%,0.2(0.1) | 3.8%,0.9(-0) | 0.8%,0.2 | 0.3 | 0.27% | 3.7% | 1.2 | 0.5 | 1.1 | 1.8 | 1.69% | 1.4 | 4.9 | 29.27(0.62%) | 28.92-29.36 | Uptrend | 29.63(1.23%) | 28.98-29.91 | 73 | | | | |
| 6 | Nov_19_2020 | -5.9%-15.2% | 0.4%,0.1(0) | 3.9%,0.9(-0.1) | 0.3%,0.1 | 0.3 | 0.41% | 3.1% | 1.2 | 0.5 | 0.5 | 1.8 | 1.89% | 1.7 | 2.92 | 29.09(0.31%) | 28.75-29.14 | Uptrend Consolidation | 28.77(-1.11%) | 28.54-29.46 | 77 | | 7 | Nov_18_2020 | -6.2%-14.9% | 0.2%,0.1(0) | 4.4%,1.1(-0.1) | -0%,-0 | 0.3 | -0.31% | 2.6% | 1.2 | 0.3 | 0.6 | 1.7 | 1.82% | 1.9 | 4.1 | 29(0.45%) | 28.96-29.36 | Uptrend Consolidation | 28.64(-1.24%) | 28.4-29.36 | 72 | | 8 | Nov_17_2020 | -6.7%-14.3% | 0.1%,0(-0) | 4.9%,1.2(0) | -0%,-0 | 0.3 | 0.42% | 2.2% | 1.1 | 0.4 | -0.1 | 1.7 | 1.67% | 1.8 | 3.61 | 28.87(0.21%) | 28.48-29.02 | N/A | 29(0.45%) | 28.06-29.76 | 65 | | 9 | Nov_16_2020 | -6.9%-14.1% | 0.2%,0.1(0) | 4.7%,1.2(0.1) | 0.5%,0.1 | -0.6 | 0.07% | 1.5% | 1.1 | 0.5 | -0.4 | 1.7 | 1.63% | 1.9 | 4.56 | 28.81(2.42%) | 28.66-29.17 | N/A | 28.99(0.61%) | 28.01-29.78 | 55 | | 10 | Nov_13_2020 | -9.1%-11.4% | 0.1%,0(0.1) | 4.3%,1(0.4) | 1.2%,0.3 | -0.6 | -0.21% | 0.7% | 0.5 | -0.4 | -0.9 | 1.7 | 2.21% | 1.1 | 4.46 | 28.13(-1.85%) | 28.06-28.57 | N/A | 28.45(1.13%) | 27.79-28.99 | 55 | | | | |
| 11 | Nov_12_2020 | -7.3%-13.5% | -0.2%,-0(0.1) | 2.8%,0.7(0.4) | 1.1%,0.3 | 0.9 | -0.7% | -0.4% | 0.9 | 0.8 | 0.2 | 1.8 | 2.6% | 0.7 | 6.07 | 28.66(-1.31%) | 28.62-29.44 | Uptrend Reversal | 29.04(1.33%) | 28.72-29.26 | 53 | | 12 | Nov_11_2020 | -6.1%-15% | -0.5%,-0.1(0.1) | 1.2%,0.3(0.3) | 1.2%,0.3 | 2.1 | -0.38% | -1.5% | 1.3 | 1.1 | 0.3 | 1.8 | 2.33% | 1.3 | 6.37 | 29.04(0.45%) | 28.92-29.75 | Uptrend Reversal | 29.43(1.36%) | 29.1-29.66 | 51 | | 13 | Nov_10_2020 | -6.5%-14.5% | -0.8%,-0.2(0.1) | -0.1%,-0(0.3) | 1.6%,0.4 | 2.1 | 0.24% | -2.5% | 1.2 | 1.8 | 0.5 | 1.7 | 2.03% | 0.7 | 6.56 | 28.91(2.99%) | 28.47-28.97 | Rebound | 28.16(-2.61%) | 28.91-27.83 | 52 | | 14 | Nov_9_2020 | -9.2%-11.2% | -1.2%,-0.3(0.1) | -1.4%,-0.4(0.3) | 1.3%,0.3 | 0.3 | -0.25% | -2.9% | 0.5 | 1.2 | -0.7 | 1.7 | 2.58% | -0.4 | 9.81 | 28.07(6.04%) | 28.06-28.82 | Downtrend Consolidation | 27.94(-0.45%) | 27.9-27.96 | 44 | | 15 | Nov_6_2020 | -14.4%-4.8% | -1.6%,-0.4(-0) | -2.7%,-0.7(0.2) | 0.9%,0.2 | -0 | -0.04% | -3.3% | -0.9 | -0.6 | -2.2 | 1.8 | 2.48% | 1.9 | 5.11 | 26.47(-2.54%) | 26.2-26.87 | Downtrend Consolidation | 26.39(-0.31%) | 26.9-26.22 | 39 | | | | |
| 16 | Nov_5_2020 | -12.2%-7.6% | -1.4%,-0.3(0) | -3.5%,-0.8(0.2) | 1.2%,0.3 | 1.5 | -0.22% | -3.2% | -0.4 | 0.8 | -1.8 | 1.9 | 2.71% | 0.9 | 5.1 | 27.16(-1.02%) | 27.08-27.7 | Downtrend Consolidation | 26.96(-0.72%) | 27.38-26.82 | 41 | | 17 | Nov_4_2020 | -11.3%-8.7% | -1.5%,-0.4(0.1) | -4.3%,-1(0.2) | 0.9%,0.2 | 2.1 | 0.04% | -3.2% | -0.2 | 1.1 | -0.8 | 1.8 | 2.5% | 0.5 | 5.97 | 27.44(2.69%) | 26.69-27.63 | Downtrend Consolidation | 27.16(-1.03%) | 27.55-27.03 | 41 | | 18 | Nov_3_2020 | -13.6%-5.8% | -1.7%,-0.4(-0.1) | -5.1%,-1.2(-0.1) | -0.7%,-0.2 | 1.2 | 0.04% | -3.1% | -0.9 | 1 | -1 | 1.9 | 3.71% | -1.6 | 7.1 | 26.72(1.75%) | 26.45-27.01 | Growing Downtrend | 26.3(-1.59%) | 25.95-26.91 | 36 | | 19 | Nov_2_2020 | -15.1%-4% | -1.4%,-0.4(-0) | -4.6%,-1.1(-0.1) | -0.6%,-0.2 | -0.6 | 0.57% | -2.7% | -1.4 | -0.3 | -1 | 1.8 | 3.11% | -2.5 | 5.31 | 26.26(4%) | 25.14-26.29 | Growing Downtrend | 25.91(-1.35%) | 25.57-26.55 | 37 | | 20 | Oct_30_2020 | -18.4%-0% | -1.4%,-0.3(-0) | -4.2%,-1(-0.2) | -2%,-0.5 | -2.4 | 0.2% | -2.1% | -2.4 | -1.5 | -2.2 | 1.8 | 3.87% | -2.2 | 5.42 | 25.25(-1.37%) | 24.96-25.4 | Growing Downtrend | 24.95(-1.19%) | 24.6-25.7 | 33 | | | | |
| 21 | Oct_29_2020 | -17.2%-0% | -1.2%,-0.4(-0.1) | -3.2%,-0.9(-0.3) | -2.1%,-0.6 | -2.4 | 0.35% | -1.1% | -2.5 | -1.1 | -2.4 | 1.6 | 3.7% | -2.4 | 8.39 | 25.6(-2.7%) | 24.75-25.74 | Growing Downtrend | 25.4(-0.8%) | 25.12-26.01 | 32 | | 22 | Oct_28_2020 | -14.9%-0% | -0.8%,-0.3(-0.1) | -2.2%,-0.8(-0.3) | -1.3%,-0.5 | -1.5 | 0.3% | -0.3% | -2.3 | -2.2 | -1.1 | 1.3 | 2.79% | -2.4 | 7 | 26.31(-4.98%) | 26.09-26.56 | Growing Downtrend | 26.22(-0.33%) | 26.05-26.64 | 32 | | 23 | Oct_27_2020 | -10.5%-5.1% | -0.4%,-0.2(-0.1) | -1.3%,-0.6(-0.2) | -1%,-0.4 | -2.1 | -0.14% | 0.3% | -0.8 | -0.1 | -0.4 | 1.2 | 2.78% | -0.6 | 2.98 | 27.69(2.14%) | 27.23-27.95 | Downtrend | 27.6(-0.31%) | 27.53-27.79 | 46 | | 24 | Oct_26_2020 | -12.4%-2.9% | -0.2%,-0.1(-0.1) | -0.8%,-0.3(-0.3) | -1.1%,-0.4 | -1.5 | 0.07% | 0.6% | -1.7 | -2.1 | -1.5 | 1.2 | 2.79% | -0.2 | 4.63 | 27.11(-2.76%) | 26.95-27.46 | Downtrend | 27.1(-0.02%) | 27.01-27.32 | 42 | | 25 | Oct_23_2020 | -9.9%-5.8% | 0.1%,0.1(-0) | -0.2%,-0.1(-0.5) | -0.6%,-0.3 | -0.6 | -0.04% | 0.7% | -0.7 | -1.6 | -1.2 | 1.1 | 2.11% | 0.8 | 3.98 | 27.88(-2.21%) | 27.78-28.56 | Range Bound | 27.93(0.19%) | 28.03-27.85 | 52 | | i | Date | To High-Low | ema20
Trend | ema10
Trend | ema5
Trend | Hourly
Trend | Last
Hour | EMA
Ratio | BBV | Hourly
BBV | RV | VS | IV | VIXCD | Volume
millions | Close | 5 Day
Target | Trend
Narrative | 5 Day
Price Change | SRI | RSI |
|---|
| | |
|
|