| MRO latest price $20.8700 (3.27%) ($20.4300 - $21.1100) on Wed. Aug. 22, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 49 |
Latest Price | $20.8700(3.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 1.9% a day on average for past five trading days. |
Weekly Trend | MRO declines -1.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) XOP(15%) DIA(14%) USO(13%) IBB(12%) XBI(12%) |
Factors Impacting MRO price | MRO will decline at least -1.32% in a week (0% probabilities). VXX(-9%) SHY(-9%) BND(-8%) VCIT(-6%) GLD(-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 | -1.32% (StdDev 2.64%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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