| MRO latest price $17.6000 (2.8%) ($17.0200 - $17.7900) on Wed. Mar. 20, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 64 |
Latest Price | $17.6000(2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.4% a day on average for past five trading days. |
Weekly Trend | MRO advances 1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) IFRA(12%) XOP(10%) USO(9%) FIVG(8%) IBB(7%) |
Factors Impacting MRO price | MRO will decline at least -1.33% in a week (0% probabilities). BND(-8%) VXX(-7%) SHY(-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 | -1.33% (StdDev 2.66%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
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