| USO latest price $87.6000 (1.01%) ($86.7200 - $87.9200) on Fri. Feb. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 45 |
Latest Price | $87.6000(1.01%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.7% a day on average for past five trading days. |
Weekly Trend | USO declines -1.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off 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 -0.805% in a week (0% probabilities). VIXM(-30%) VXX(-18%) TLT(-17%) SHY(-8%) BNDX(-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 | -0.805% (StdDev 1.61%) |
Hourly BBV | 1.6 () |
Intraday Trend | -0.1% |
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