| USO latest price $330.6400 (0.71%) ($327.6000 - $332.6400) on Fri. Apr. 30, 2010. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 52 |
Latest Price | $330.6400(0.71%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.2% a day on average for past five trading days. |
Weekly Trend | USO declines -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(65%) OIH(60%) EEM(38%) VWO(38%) SPY(36%) |
Factors Impacting USO price | USO will decline at least -0.825% in a week (0% probabilities). TLT(-23%) SHY(-8%) LQD(0%) TIP(6%) IGOV(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.825% (StdDev 1.65%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
| |
|
|