| USO latest price $47.8100 (0.93%) ($47.1000 - $48.0000) on Wed. Aug. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.87% (three month average) |
RSI | 48 |
Latest Price | $47.8100(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.1% a day on average for past five trading days. |
Weekly Trend | USO declines -1.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(68%) XOP(66%) OIH(52%) XME(33%) URA(31%) |
Factors Impacting USO price | USO will decline at least -0.935% in a week (0% probabilities). UUP(-16%) TLT(-14%) VXX(-11%) VIXM(-11%) BNDX(-8%) |
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 | -0.935% (StdDev 1.87%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1% |
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