| MRO latest price $8.4300 (15.16%) ($7.8500 - $8.4800) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.35% (three month average) |
RSI | 72 |
Latest Price | $8.4300(15.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 8.9% a day on average for past five trading days. |
Weekly Trend | MRO advances 7.8% a week on average for past two weeks. |
Market Behavior | Value stock 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(14%) IWN(13%) XAR(12%) XOP(12%) IFRA(11%) |
Factors Impacting MRO price | MRO will decline at least -4.675% 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 | -4.675% (StdDev 9.35%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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