| MRO latest price $21.6500 (2.22%) ($21.2800 - $21.7660) on Thu. May. 17, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.42% (three month average) |
RSI | 90 |
Latest Price | $21.6500(2.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.5% a day on average for past five trading days. |
Weekly Trend | MRO advances 7.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) XOP(17%) DIA(15%) USO(14%) IBB(12%) OIH(12%) |
Factors Impacting MRO price | MRO will decline at least -1.21% in a week (0% probabilities). SHY(-9%) BND(-8%) VCIT(-6%) TLT(-6%) IPO(-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 | -1.21% (StdDev 2.42%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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