| USO latest price $64.3900 (-0.74%) ($63.5900 - $64.8000) on Wed. May. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 42 |
Latest Price | $64.3900(-0.74%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.3% a day on average for past five trading days. |
Weekly Trend | USO declines -3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) OIH(70%) XLE(70%) XOP(69%) XME(37%) VYM(30%) |
Factors Impacting USO price | USO will decline at least -1.095% in a week (0% probabilities). EDOC(-19%) SMH(-15%) BNDX(-13%) TLT(-12%) SHY(-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 | -1.095% (StdDev 2.19%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.6% |
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