| MRO latest price $5.6400 (1.44%) ($5.2000 - $5.7900) on Thu. May. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.13% (three month average) |
RSI | 63 |
Latest Price | $5.6400(1.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.5% a day on average for past five trading days. |
Weekly Trend | MRO advances 3.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) JETS(16%) IWN(15%) XOP(15%) XAR(14%) IFRA(13%) |
Factors Impacting MRO price | MRO will decline at least -4.565% in a week (0% probabilities). VIXM(-12%) UNG(-5%) VXX(-4%) UUP(-2%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -4.565% (StdDev 9.13%) |
Hourly BBV | 0 () |
Intraday Trend | 3.9% |
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