| USO latest price $695.4400 (2.42%) ($691.9200 - $701.0400) on Mon. Apr. 7, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 57 |
Latest Price | $695.4400(2.42%) |
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 advances 0.9% 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(66%) OIH(62%) VWO(42%) EEM(40%) SPY(39%) |
Factors Impacting USO price | USO will decline at least -1% in a week (0% probabilities). TLT(-26%) SHY(-11%) TIP(3%) LQD(3%) PCY(13%) |
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% (StdDev 2%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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