| USO latest price $92.0800 (1.41%) ($91.0400 - $92.3200) on Thu. Oct. 6, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.33% (three month average) |
| RSI | 76 |
| Latest Price | $92.0800(1.41%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | USO advances 1.2% a day on average for past five trading days. |
| Weekly Trend | USO advances 5% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability)
XOP(62%) XLE(61%) OIH(57%) XME(36%) IVE(34%) |
| Factors Impacting USO price | USO will decline at least -1.165% in a week (0% probabilities).
TLT(-17%) VIXM(-11%) UUP(-8%) SHY(-6%) IPO(-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 | -1.165% (StdDev 2.33%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.3% |
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