| MRO latest price $21.4700 (2.29%) ($20.8600 - $21.6400) on Mon. Jun. 11, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 44 |
Latest Price | $21.4700(2.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.4% a day on average for past five trading days. |
Weekly Trend | MRO declines -1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) XOP(16%) DIA(15%) USO(14%) IBB(12%) OIH(12%) |
Factors Impacting MRO price | MRO will decline at least -1.195% in a week (0% probabilities). VXX(-9%) SHY(-9%) BND(-8%) VCIT(-6%) GDX(-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 | -1.195% (StdDev 2.39%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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