| USO latest price $98.4000 (-0.73%) ($97.1200 - $98.9200) on Wed. Dec. 11, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.19% (three month average) |
| RSI | 61 |
| Latest Price | $98.4000(-0.73%) |
| 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 advances 1% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability)
XLE(60%) XOP(60%) OIH(54%) XME(37%) VYM(36%) |
| Factors Impacting USO price | USO will decline at least -1.095% in a week (0% probabilities).
VIXM(-30%) VXX(-18%) TLT(-17%) BNDX(-5%) SHY(-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 | -1.095% (StdDev 2.19%) |
| Hourly BBV | -0.6 () |
| Intraday Trend | -0.2% |
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