| USO latest price $73.5400 (2.8%) ($71.4700 - $73.7100) on Mon. Aug. 8, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 39 |
Latest Price | $73.5400(2.8%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO declines -0.4% a day on average for past five trading days. |
Weekly Trend | USO declines -2.2% a week on average for past two weeks. |
Market Behavior | Normal 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(38%) VFMO(34%) VYM(34%) |
Factors Impacting USO price | USO will decline at least -1.35% in a week (0% probabilities). UUP(-23%) VXX(-12%) TLT(-11%) VIXM(-9%) BNDX(-6%) |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.35% (StdDev 2.7%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.7% |
| |
|
|