| MRO latest price $6.7200 (-4.82%) ($6.6800 - $7.2500) on Mon. Dec. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.89% (three month average) |
RSI | 61 |
Latest Price | $6.7200(-4.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.1% a day on average for past five trading days. |
Weekly Trend | MRO advances 6.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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) OIH(83%) XOP(76%) XLE(75%) USO(54%) IWN(53%) |
Factors Impacting MRO price | MRO will decline at least -2.445% in a week (0% probabilities). VIXM(-24%) UUP(-21%) TLT(-12%) VXX(-10%) BNDX(-10%) |
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 | -2.445% (StdDev 4.89%) |
Hourly BBV | 0 () |
Intraday Trend | -6.7% |
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