| USO latest price $72.7300 (1%) ($72.2500 - $73.7200) on Wed. Sep. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.73% (three month average) |
RSI | 38 |
Latest Price | $72.7300(1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.5% a day on average for past five trading days. |
Weekly Trend | USO declines -3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XLE(69%) XOP(68%) VYM(37%) OIH(33%) VFMO(33%) |
Factors Impacting USO price | USO will decline at least -1.365% in a week (0% probabilities). UUP(-24%) VXX(-12%) VIXM(-10%) TLT(-10%) BNDX(-4%) |
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 | -1.365% (StdDev 2.73%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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