| USO latest price $94.0800 (3.43%) ($93.0400 - $94.3200) on Mon. May. 16, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 66 |
Latest Price | $94.0800(3.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.9% a day on average for past five trading days. |
Weekly Trend | USO advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(57%) XME(36%) VYM(35%) |
Factors Impacting USO price | USO will decline at least -1.315% 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 | -1.315% (StdDev 2.63%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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