| USO latest price $73.4400 (2.34%) ($70.3200 - $75.4000) on Wed. Jan. 27, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.95% (three month average) |
RSI | 39 |
Latest Price | $73.4400(2.34%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 2.2% a day on average for past five trading days. |
Weekly Trend | USO declines -3.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based 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%) IVE(35%) IWD(35%) |
Factors Impacting USO price | USO will decline at least -1.475% 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 | -1.475% (StdDev 2.95%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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