| MRO latest price $14.1700 (11.57%) ($13.6800 - $14.3900) on Mon. Sep. 16, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.88% (three month average) |
RSI | 76 |
Latest Price | $14.1700(11.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 2% a day on average for past five trading days. |
Weekly Trend | MRO advances 5.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock 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 -1.44% in a week (0% probabilities). VCIT(-6%) GDX(-6%) BND(-6%) SHY(-5%) 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 | -1.44% (StdDev 2.88%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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