| MRO latest price $6.2600 (-11.95%) ($6.1900 - $6.7850) on Thu. Jun. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.04% (three month average) |
RSI | 56 |
Latest Price | $6.2600(-11.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.1% a day on average for past five trading days. |
Weekly Trend | MRO advances 12.7% a week on average for past two weeks. |
Market Behavior | Broad based 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(13%) IWN(12%) XAR(12%) XOP(12%) IFRA(11%) |
Factors Impacting MRO price | MRO will decline at least -3.52% 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 | -3.52% (StdDev 7.04%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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