| USO latest price $83.1100 (2.25%) ($80.8200 - $83.3900) on Mon. May. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.64% (three month average) |
RSI | 62 |
Latest Price | $83.1100(2.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.7% a day on average for past five trading days. |
Weekly Trend | USO advances 1.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(70%) XOP(69%) OIH(47%) URA(38%) VFMO(37%) |
Factors Impacting USO price | USO will decline at least -1.82% in a week (0% probabilities). UUP(-24%) TLT(-15%) VXX(-11%) VIXM(-10%) BNDX(-10%) |
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 | -1.82% (StdDev 3.64%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.6% |
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