| USO latest price $118.4800 (1.23%) ($116.5600 - $120.1600) on Fri. Oct. 30, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 41 |
Latest Price | $118.4800(1.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | USO advances 0.8% a day on average for past five trading days. |
Weekly Trend | USO declines -2.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support USO advance at 0% a week (0% probability) XOP(65%) XLE(63%) OIH(59%) IWD(36%) VYM(36%) |
Factors Impacting USO price | USO will decline at least -1.47% in a week (0% probabilities). TLT(-19%) VIXM(-14%) UUP(-9%) SHY(-7%) BNDX(-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 | -1.47% (StdDev 2.94%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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