| MRO latest price $12.1100 (2.89%) ($11.8650 - $12.1400) on Wed. Sep. 4, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 48 |
Latest Price | $12.1100(2.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.9% a day on average for past five trading days. |
Weekly Trend | MRO declines -1.9% 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) FIVG(5%) JETS(5%) UNG(5%) USO(5%) XBI(5%) |
Factors Impacting MRO price | MRO will decline at least -1.22% in a week (0% probabilities). VCIT(-6%) SHY(-6%) GDX(-6%) BND(-6%) LQD(-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 | -1.22% (StdDev 2.44%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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