| USO latest price $279.5200 (0.32%) ($275.1200 - $283.0400) on Tue. Jul. 21, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.29% (three month average) |
RSI | 31 |
Latest Price | $279.5200(0.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.7% a day on average for past five trading days. |
Weekly Trend | USO declines -2.1% 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(60%) VWO(40%) EEM(39%) SPY(37%) |
Factors Impacting USO price | USO will decline at least -1.145% in a week (0% probabilities). TLT(-23%) SHY(-9%) LQD(0%) TIP(6%) IGOV(7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.145% (StdDev 2.29%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
| |
|
|