| USO latest price $94.9600 (-3.1%) ($94.6400 - $96.8000) on Fri. Jun. 10, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.16% (three month average) |
| RSI | 55 |
| Latest Price | $94.9600(-3.1%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | USO advances 0.1% a day on average for past five trading days. |
| Weekly Trend | USO advances 1.4% 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 -1.08% 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 | -1.08% (StdDev 2.16%) |
| Hourly BBV | 0 () |
| Intraday Trend | -1.2% |
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