| USO latest price $90.4000 (0.36%) ($89.8400 - $90.8000) on Thu. Dec. 24, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 30 |
Latest Price | $90.4000(0.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1% a day on average for past five trading days. |
Weekly Trend | USO declines -3.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XOP(64%) XLE(62%) OIH(58%) IWD(36%) VYM(36%) |
Factors Impacting USO price | USO will decline at least -1.115% in a week (0% probabilities). TLT(-18%) VIXM(-13%) UUP(-9%) SHY(-7%) BNDX(-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 | -1.115% (StdDev 2.23%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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