| USO latest price $283.1200 (-0.08%) ($281.8000 - $285.3600) on Thu. Oct. 28, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 45 |
Latest Price | $283.1200(-0.08%) |
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 declines -0.5% 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(37%) EEM(36%) SPY(35%) |
Factors Impacting USO price | USO will decline at least -0.86% in a week (0% probabilities). TLT(-22%) SHY(-7%) LQD(1%) REMX(2%) IGOV(5%) |
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 | -0.86% (StdDev 1.72%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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