| USO latest price $90.9600 (-0.7%) ($90.1600 - $91.4400) on Fri. May. 13, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 66 |
Latest Price | $90.9600(-0.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.7% a day on average for past five trading days. |
Weekly Trend | USO advances 0.8% 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(63%) XLE(61%) OIH(57%) XME(36%) VYM(35%) |
Factors Impacting USO price | USO will decline at least -1.305% in a week (0% probabilities). TLT(-17%) VIXM(-12%) UUP(-9%) SHY(-6%) 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 | -1.305% (StdDev 2.61%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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