| MRO latest price $6.0500 (2.72%) ($5.7800 - $6.0500) on Fri. Aug. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.1% (three month average) |
RSI | 60 |
Latest Price | $6.0500(2.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 1% a day on average for past five trading days. |
Weekly Trend | MRO advances 3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) TAN(8%) BND(7%) TIP(6%) TLT(6%) ICLN(5%) |
Factors Impacting MRO price | MRO will decline at least -2.55% in a week (0% probabilities). UNG(-6%) TBT(-6%) XLP(-5%) IYT(-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 | -2.55% (StdDev 5.1%) |
Hourly BBV | 0 () |
Intraday Trend | 4.3% |
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