| USO latest price $98.2400 (1.99%) ($96.8500 - $99.5600) on Mon. Jul. 1, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 69 |
Latest Price | $98.2400(1.99%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.4% a day on average for past five trading days. |
Weekly Trend | USO advances 5.7% 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 -0.995% in a week (0% probabilities). VIXM(-30%) VXX(-18%) TLT(-18%) BNDX(-6%) SHY(-5%) |
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 | -0.995% (StdDev 1.99%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
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