| USO latest price $508.7200 (1.91%) ($502.4000 - $512.6400) on Thu. Oct. 11, 2007. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.52% (three month average) |
RSI | 55 |
Latest Price | $508.7200(1.91%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.3% a day on average for past five trading days. |
Weekly Trend | USO advances 0.1% 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(66%) OIH(62%) VWO(41%) EEM(40%) EWI(38%) |
Factors Impacting USO price | USO will decline at least -0.76% in a week (0% probabilities). TLT(-25%) SHY(-11%) TIP(3%) LQD(3%) PCY(4%) |
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 | -0.76% (StdDev 1.52%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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