| USO latest price $72.0900 (0.92%) ($70.8700 - $72.2400) on Fri. Jul. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 75 |
Latest Price | $72.0900(0.92%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.9% a day on average for past five trading days. |
Weekly Trend | USO advances 2.9% 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) XLE(69%) XOP(69%) OIH(68%) XME(29%) GLD(23%) |
Factors Impacting USO price | USO will decline at least -1.015% in a week (0% probabilities). EDOC(-21%) JETS(-18%) PCY(-10%) IYT(-10%) BND(-10%) |
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 | -1.015% (StdDev 2.03%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.1% |
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