- Trend Uptrend
- Momentum Overbought
- MACD Above signal
- Regime Golden cross
Model projection · 7 days $104.89 (+2.16%)
Damped-Holt point forecast 7 days ahead, anchored to the live spot price. The signal stack above carries the bulk of the directional information; treat the dollar value as one input among many.
- Model MAPE
- 8.4%
- Naive MAPE
- 9.4%
- Skill
- +11%
- Sessions
- 30
Out-of-sample backtest over the last 30 trading sessions: 8.4% MAPE on 7 days forecasts vs 9.4% MAPE for a naive 'no change' baseline.
WTI Crude Oil: 7-day damped Holt forecast (damping φ=0.85) points to $104.89 (+2.16% from $102.67), with an 80% interval of $93.90–$115.88 (±10.7%). RSI(14) is 75.3 (overbought), MACD histogram is above signal (bullish), and the 50/200-day MA configuration suggests an uptrend. Recent 30-step backtest: 8.4% MAPE on 7-day-ahead forecasts — model beats naive baseline by 11%. Confidence: 39%.