| MRO latest price $17.9300 (-1.21%) ($17.9200 - $18.3500) on Thu. Apr. 25, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.27% (three month average) |
RSI | 60 |
Latest Price | $17.9300(-1.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.2% a day on average for past five trading days. |
Weekly Trend | MRO advances 2.4% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(11%) XOP(9%) USO(8%) FIVG(7%) IBB(6%) |
Factors Impacting MRO price | MRO will decline at least -1.135% in a week (0% probabilities). BND(-8%) VXX(-7%) SHY(-7%) IDRV(-7%) GDX(-7%) |
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 | -1.135% (StdDev 2.27%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
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