| USO latest price $82.3200 (1.08%) ($81.8500 - $84.1600) on Mon. Jan. 7, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.59% (three month average) |
| RSI | 42 |
| Latest Price | $82.3200(1.08%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | USO advances 1.6% a day on average for past five trading days. |
| Weekly Trend | USO declines -0.5% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability)
XOP(61%) XLE(60%) OIH(55%) XME(37%) VYM(35%) |
| Factors Impacting USO price | USO will decline at least -1.295% in a week (0% probabilities).
TLT(-18%) VXX(-16%) VIXM(-9%) UUP(-9%) SHY(-6%) |
| 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 | -1.295% (StdDev 2.59%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.2% |
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