| MRO latest price $5.0700 (0%) ($5.0100 - $5.2200) on Wed. Nov. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 63 |
Latest Price | $5.0700(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 3.5% a day on average for past five trading days. |
Weekly Trend | MRO advances 7.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) XLF(10%) XLV(10%) EWP(7%) IVE(7%) IWD(7%) |
Factors Impacting MRO price | MRO will decline at least -2.21% in a week (0% probabilities). VIXM(-8%) MCHI(-7%) FXI(-7%) TLT(-6%) TIP(-5%) |
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 | -2.21% (StdDev 4.42%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
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