| USO latest price $92.3200 (1.32%) ($92.0800 - $93.1200) on Tue. Feb. 21, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 58 |
Latest Price | $92.3200(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.4% a day on average for past five trading days. |
Weekly Trend | USO declines -0.1% 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(62%) XLE(61%) OIH(56%) XME(37%) VYM(35%) |
Factors Impacting USO price | USO will decline at least -0.94% in a week (0% probabilities). TLT(-17%) VIXM(-11%) UUP(-9%) SHY(-6%) IPO(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.94% (StdDev 1.88%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
| |
|
|