| USO latest price $74.4000 (1.64%) ($71.5200 - $74.8800) on Wed. Mar. 2, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 75 |
Latest Price | $74.4000(1.64%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.6% a day on average for past five trading days. |
Weekly Trend | USO advances 4.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XOP(63%) XLE(61%) OIH(58%) IWD(35%) VYM(35%) |
Factors Impacting USO price | USO will decline at least -1.775% in a week (0% probabilities). TLT(-18%) VIXM(-12%) 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 | -1.775% (StdDev 3.55%) |
Hourly BBV | 0 () |
Intraday Trend | 3.2% |
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