| USO latest price $416.0000 (1.56%) ($414.0000 - $422.0800) on Wed. Mar. 28, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 51 |
Latest Price | $416.0000(1.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 1.3% 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 | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XOP(65%) OIH(61%) VWO(41%) EEM(39%) SPY(38%) |
Factors Impacting USO price | USO will decline at least -1.035% in a week (0% probabilities). TLT(-25%) SHY(-11%) TIP(3%) LQD(3%) GLD(18%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.035% (StdDev 2.07%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|