| USO latest price $44.6600 (-0.47%) ($44.3900 - $45.5400) on Wed. May. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 58 |
Latest Price | $44.6600(-0.47%) |
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 1.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(68%) XOP(66%) OIH(52%) XME(34%) URA(31%) |
Factors Impacting USO price | USO will decline at least -1.175% in a week (0% probabilities). UUP(-16%) TLT(-16%) VXX(-12%) VIXM(-12%) BNDX(-9%) |
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 | -1.175% (StdDev 2.35%) |
Hourly BBV | 0.1 () |
Intraday Trend | -1.3% |
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