| MRO latest price $17.1400 (1.24%) ($16.7900 - $17.1900) on Thu. Apr. 4, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 49 |
Latest Price | $17.1400(1.24%) |
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 -0.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) IFRA(12%) XOP(9%) FIVG(8%) USO(8%) XBI(7%) |
Factors Impacting MRO price | MRO will decline at least -1.055% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|