| USO latest price $66.2400 (1.07%) ($65.6600 - $67.3200) on Wed. Feb. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 66 |
Latest Price | $66.2400(1.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.6% a day on average for past five trading days. |
Weekly Trend | USO advances 0.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(68%) XOP(65%) OIH(48%) URA(31%) XME(30%) |
Factors Impacting USO price | USO will decline at least -1.13% in a week (0% probabilities). UUP(-17%) TLT(-10%) VXX(-9%) VIXM(-5%) 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 | -1.13% (StdDev 2.26%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.5% |
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