| USO latest price $382.7200 (-0.83%) ($381.1200 - $392.0000) on Thu. Feb. 1, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 62 |
Latest Price | $382.7200(-0.83%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.1% a day on average for past five trading days. |
Weekly Trend | USO advances 3.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XOP(65%) OIH(61%) VWO(41%) EEM(39%) SPY(38%) |
Factors Impacting USO price | USO will decline at least -0.985% in a week (0% probabilities). TLT(-25%) SHY(-11%) TIP(3%) LQD(3%) GLD(18%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.985% (StdDev 1.97%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
| |
|
|