| USO latest price $293.4400 (2%) ($285.2000 - $298.7200) on Thu. Oct. 8, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.47% (three month average) |
RSI | 47 |
Latest Price | $293.4400(2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.3% a day on average for past five trading days. |
Weekly Trend | USO advances 0.8% 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%) EEM(39%) VWO(39%) SPY(37%) |
Factors Impacting USO price | USO will decline at least -1.235% in a week (0% probabilities). TLT(-23%) SHY(-9%) LQD(0%) TIP(6%) IGOV(6%) |
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 | -1.235% (StdDev 2.47%) |
Hourly BBV | 0 () |
Intraday Trend | 2.7% |
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