| MRO latest price $12.1600 (3.31%) ($12.0000 - $12.3000) on Wed. Feb. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 32 |
Latest Price | $12.1600(3.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.8% a day on average for past five trading days. |
Weekly Trend | MRO declines -4.9% 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) JETS(5%) UNG(4%) XLV(4%) FIVG(3%) XBI(3%) |
Factors Impacting MRO price | MRO will decline at least -1.005% in a week (0% probabilities). VCIT(-5%) GDX(-5%) BND(-5%) XME(-4%) XHB(-4%) |
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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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