| USO latest price $54.8300 (0.86%) ($53.9400 - $55.1600) on Mon. Jan. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 67 |
Latest Price | $54.8300(0.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.1% a day on average for past five trading days. |
Weekly Trend | USO advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(67%) XOP(64%) OIH(48%) URA(29%) XME(29%) |
Factors Impacting USO price | USO will decline at least -1.16% in a week (0% probabilities). UUP(-17%) TLT(-10%) VXX(-8%) IGOV(-8%) VIXM(-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 | -1.16% (StdDev 2.32%) |
Hourly BBV | 0.1 () |
Intraday Trend | 1.6% |
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