| MRO latest price $15.9100 (0.51%) ($15.8650 - $16.1000) on Tue. Jan. 29, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 58 |
Latest Price | $15.9100(0.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.3% a day on average for past five trading days. |
Weekly Trend | MRO declines -0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) IFRA(12%) XOP(10%) USO(9%) IBB(7%) OIH(7%) |
Factors Impacting MRO price | MRO will decline at least -1.525% in a week (0% probabilities). SHY(-8%) BND(-8%) VXX(-7%) GDX(-7%) VCIT(-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 | -1.525% (StdDev 3.05%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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