| MRO latest price $6.2300 (4.71%) ($5.8200 - $6.2400) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.07% (three month average) |
RSI | 61 |
Latest Price | $6.2300(4.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 1.8% a day on average for past five trading days. |
Weekly Trend | MRO declines -0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) JETS(14%) IWN(13%) XOP(13%) XAR(12%) IFRA(11%) |
Factors Impacting MRO price | MRO will decline at least -4.535% in a week (0% probabilities). VIXM(-11%) UNG(-5%) VXX(-4%) UUP(-2%) TBT(-2%) |
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 | -4.535% (StdDev 9.07%) |
Hourly BBV | 0 () |
Intraday Trend | 5.1% |
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