| USO latest price $101.7600 (1.03%) ($101.2000 - $102.0800) on Tue. Dec. 17, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 62 |
Latest Price | $101.7600(1.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.5% a day on average for past five trading days. |
Weekly Trend | USO advances 2.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value 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 -0.745% 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 | -0.745% (StdDev 1.49%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.6% |
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