| USO latest price $63.9200 (-0.67%) ($62.6100 - $63.9600) on Tue. Jun. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.21% (three month average) |
RSI | 47 |
Latest Price | $63.9200(-0.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.3% a day on average for past five trading days. |
Weekly Trend | USO declines -0.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XOP(68%) OIH(66%) XLE(66%) XME(30%) GLD(25%) |
Factors Impacting USO price | USO will decline at least -1.105% in a week (0% probabilities). UUP(-13%) JETS(-13%) EDOC(-11%) XLV(-10%) IWF(-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 | -1.105% (StdDev 2.21%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.3% |
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