| MRO latest price $5.5100 (-3.67%) ($5.4700 - $5.8400) on Fri. Jul. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.84% (three month average) |
RSI | 47 |
Latest Price | $5.5100(-3.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.6% a day on average for past five trading days. |
Weekly Trend | MRO declines -4.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) TAN(8%) BND(7%) ICLN(6%) TLT(6%) CEMB(5%) |
Factors Impacting MRO price | MRO will decline at least -2.92% in a week (0% probabilities). UNG(-5%) TBT(-5%) XLP(-4%) VIXM(-4%) MCHI(-3%) |
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 | -2.92% (StdDev 5.84%) |
Hourly BBV | 0 () |
Intraday Trend | -4% |
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