| USO latest price $48.3200 (0.52%) ($48.0800 - $48.6050) on Mon. Jun. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 88 |
Latest Price | $48.3200(0.52%) |
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 2.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value 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(53%) XME(34%) URA(32%) |
Factors Impacting USO price | USO will decline at least -1.08% in a week (0% probabilities). UUP(-16%) TLT(-16%) VIXM(-13%) VXX(-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 | -1.08% (StdDev 2.16%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.2% |
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