| USO latest price $451.0400 (-1.09%) ($447.1200 - $451.1200) on Mon. Jul. 23, 2007. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.27% (three month average) |
RSI | 79 |
Latest Price | $451.0400(-1.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.2% a day on average for past five trading days. |
Weekly Trend | USO advances 2.3% 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(62%) VWO(41%) EEM(39%) SPY(38%) |
Factors Impacting USO price | USO will decline at least -0.635% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.635% (StdDev 1.27%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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