| MRO latest price $5.6800 (-5.02%) ($5.6200 - $5.8850) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.17% (three month average) |
RSI | 56 |
Latest Price | $5.6800(-5.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.5% a day on average for past five trading days. |
Weekly Trend | MRO advances 0.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) EDOC(8%) TAN(8%) BND(7%) LQD(6%) TIP(6%) |
Factors Impacting MRO price | MRO will decline at least -2.585% in a week (0% probabilities). UNG(-6%) TBT(-6%) XLP(-5%) XRT(-4%) XHB(-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 | -2.585% (StdDev 5.17%) |
Hourly BBV | 0 () |
Intraday Trend | -2.9% |
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