| USO latest price $274.8800 (-0.89%) ($271.9200 - $277.0400) on Wed. Jul. 28, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 53 |
Latest Price | $274.8800(-0.89%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.1% a day on average for past five trading days. |
Weekly Trend | USO advances 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%) EEM(37%) VWO(37%) SPY(35%) |
Factors Impacting USO price | USO will decline at least -1.055% 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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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