- Trend Uptrend
- Momentum Bullish
- MACD Above signal
- Regime Golden cross
Model projection · 7 days $84.10 (+1.59%)
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
- 8.7%
- Naive MAPE
- 9.3%
- Skill
- +6%
- Sessions
- 30
Out-of-sample backtest over the last 30 trading sessions: 8.7% MAPE on 7 days forecasts vs 9.3% MAPE for a naive 'no change' baseline.
WTI Crude Oil: 7-day damped Holt forecast (damping φ=0.90) points to $84.10 (+1.59% from $82.78), with an 80% interval of $74.85–$93.35 (±11.2%). RSI(14) is 60.6 (bullish), MACD histogram is above signal (bullish), and the 50/200-day MA configuration suggests an uptrend. Recent 30-step backtest: 8.7% MAPE on 7-day-ahead forecasts — model essentially matches naive baseline. Confidence: 35%.