| USO latest price $292.4800 (1.11%) ($287.1200 - $295.7200) on Tue. Dec. 22, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 30 |
Latest Price | $292.4800(1.11%) |
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 -1.8% 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(60%) VWO(39%) EEM(38%) SPY(36%) |
Factors Impacting USO price | USO will decline at least -0.975% in a week (0% probabilities). TLT(-23%) SHY(-9%) LQD(0%) TIP(6%) IGOV(6%) |
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 | -0.975% (StdDev 1.95%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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