| MRO latest price $12.4200 (-1.58%) ($12.3850 - $12.8800) on Wed. Aug. 21, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 39 |
Latest Price | $12.4200(-1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.2% 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 | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) IFRA(10%) FIVG(6%) USO(6%) XOP(6%) IBB(5%) |
Factors Impacting MRO price | MRO will decline at least -1.23% in a week (0% probabilities). GDX(-7%) BND(-7%) VCIT(-6%) SHY(-6%) VCSH(-5%) |
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 | -1.23% (StdDev 2.46%) |
Hourly BBV | 0 () |
Intraday Trend | -3% |
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