| USO latest price $77.8700 (3.61%) ($75.4200 - $78.1900) on Wed. Jul. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 53 |
Latest Price | $77.8700(3.61%) |
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 0.1% 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(70%) XOP(69%) OIH(40%) VFMO(35%) URA(34%) |
Factors Impacting USO price | USO will decline at least -1.36% in a week (0% probabilities). UUP(-24%) TLT(-13%) VXX(-12%) EDOC(-10%) VIXM(-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 | -1.36% (StdDev 2.72%) |
Hourly BBV | 1.9 () |
Intraday Trend | 1.9% |
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