| USO latest price $578.8000 (-1%) ($568.5600 - $585.6000) on Thu. Jan. 31, 2008. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.82% (three month average) |
| RSI | 42 |
| Latest Price | $578.8000(-1%) |
| 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 -0.3% 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(66%) OIH(62%) VWO(42%) EEM(40%) SPY(39%) |
| Factors Impacting USO price | USO will decline at least -0.91% in a week (0% probabilities).
TLT(-26%) SHY(-11%) TIP(3%) LQD(3%) PCY(13%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.91% (StdDev 1.82%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.7% |
| | |
| |
|