| USO latest price $289.7600 (0.67%) ($287.2800 - $290.4000) on Wed. Aug. 22, 2012. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.08% (three month average) |
| RSI | 91 |
| Latest Price | $289.7600(0.67%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | USO advances 0.6% a day on average for past five trading days. |
| Weekly Trend | USO advances 2.5% 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(59%) VWO(34%) EEM(33%) JNK(31%) |
| Factors Impacting USO price | USO will decline at least -1.04% in a week (0% probabilities).
TLT(-19%) SHY(-7%) IGOV(1%) LQD(2%) TIP(9%) |
| 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 | -1.04% (StdDev 2.08%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.7% |
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