| USO latest price $314.5600 (0.49%) ($313.6000 - $315.4800) on Fri. Jun. 20, 2014. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.73% (three month average) |
| RSI | 86 |
| Latest Price | $314.5600(0.49%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | USO advances 0.1% a day on average for past five trading days. |
| Weekly Trend | USO advances 2% 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%) XLE(63%) OIH(60%) VT(35%) XLB(35%) |
| Factors Impacting USO price | USO will decline at least -0.365% in a week (0% probabilities).
TLT(-19%) VIXM(-14%) UUP(-10%) SHY(-7%) BNDX(-7%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.365% (StdDev 0.73%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.1% |
| | |
| |
|