| USO latest price $69.0300 (0.35%) ($68.1300 - $69.0750) on Thu. Dec. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 48 |
Latest Price | $69.0300(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.5% a day on average for past five trading days. |
Weekly Trend | USO advances 1.3% 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) IBUY(78%) OIH(77%) SIL(71%) IDRV(70%) ONLN(84%) |
Factors Impacting USO price | USO will decline at least -1.065% in a week (0% probabilities). EDOC(-44%) UUP(-35%) TBT(-30%) SPLV(-2%) XLK(-1%) |
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 | -1.065% (StdDev 2.13%) |
Hourly BBV | -0.3 () |
Intraday Trend | 1.3% |
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