| USO latest price $283.3600 (3.57%) ($278.9600 - $284.4800) on Thu. Jul. 22, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 70 |
Latest Price | $283.3600(3.57%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.5% a day on average for past five trading days. |
Weekly Trend | USO advances 2% 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(37%) VWO(37%) SPY(35%) |
Factors Impacting USO price | USO will decline at least -1.075% in a week (0% probabilities). TLT(-22%) SHY(-8%) LQD(0%) IGOV(5%) TIP(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 | -1.075% (StdDev 2.15%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
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