| USO latest price $100.7200 (0.8%) ($100.4800 - $100.9400) on Mon. Dec. 16, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 62 |
Latest Price | $100.7200(0.8%) |
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 2.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally 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(35%) |
Factors Impacting USO price | USO will decline at least -0.79% 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 | -0.79% (StdDev 1.58%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.1% |
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