| USO latest price $287.8400 (0.42%) ($287.4400 - $291.3600) on Tue. Aug. 21, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 79 |
Latest Price | $287.8400(0.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.6% a day on average for past five trading days. |
Weekly Trend | USO advances 2.7% 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(59%) VWO(34%) EEM(33%) JNK(31%) |
Factors Impacting USO price | USO will decline at least -1.045% in a week (0% probabilities). TLT(-19%) SHY(-7%) IGOV(1%) LQD(2%) TIP(9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.045% (StdDev 2.09%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
| |
|
|