| MRO latest price $5.7800 (4.71%) ($5.4800 - $5.8500) on Tue. Aug. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.15% (three month average) |
RSI | 53 |
Latest Price | $5.7800(4.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.9% a day on average for past five trading days. |
Weekly Trend | MRO declines -0.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) TAN(8%) BND(7%) LQD(6%) TIP(6%) TLT(6%) |
Factors Impacting MRO price | MRO will decline at least -2.575% in a week (0% probabilities). TBT(-6%) XLP(-5%) UNG(-5%) EDOC(-5%) XRT(-4%) |
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 | -2.575% (StdDev 5.15%) |
Hourly BBV | 0 () |
Intraday Trend | 5.5% |
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