| USO latest price $69.5000 (-0.53%) ($69.0700 - $70.4300) on Mon. Feb. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.06% (three month average) |
RSI | 47 |
Latest Price | $69.5000(-0.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.2% a day on average for past five trading days. |
Weekly Trend | USO declines -0.6% 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) OIH(70%) XLE(70%) XOP(69%) VYM(36%) XME(36%) |
Factors Impacting USO price | USO will decline at least -1.03% in a week (0% probabilities). SHY(-18%) BNDX(-16%) VXX(-14%) UUP(-14%) SMH(-12%) |
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 | -1.03% (StdDev 2.06%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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