| MRO latest price $7.6600 (-9.13%) ($7.5000 - $8.0200) on Tue. Jun. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.28% (three month average) |
RSI | 69 |
Latest Price | $7.6600(-9.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 5.3% a day on average for past five trading days. |
Weekly Trend | MRO advances 11.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -3.64% 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 | -3.64% (StdDev 7.28%) |
Hourly BBV | 0 () |
Intraday Trend | -3.6% |
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