| USO latest price $256.1600 (2.6%) ($251.3600 - $257.2800) on Thu. Mar. 26, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.57% (three month average) |
RSI | 67 |
Latest Price | $256.1600(2.6%) |
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 6.6% 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(61%) EEM(41%) VWO(41%) SPY(38%) |
Factors Impacting USO price | USO will decline at least -2.285% in a week (0% probabilities). TLT(-23%) SHY(-10%) LQD(0%) TIP(6%) IGOV(8%) |
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 | -2.285% (StdDev 4.57%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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