| MRO latest price $8.3900 (9.82%) ($7.7750 - $8.4000) on Tue. Jan. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.94% (three month average) |
RSI | 76 |
Latest Price | $8.3900(9.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 2.4% a day on average for past five trading days. |
Weekly Trend | MRO advances 9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) OIH(83%) XOP(76%) XLE(74%) USO(54%) IWN(53%) |
Factors Impacting MRO price | MRO will decline at least -2.47% in a week (0% probabilities). VIXM(-24%) UUP(-20%) 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 | -2.47% (StdDev 4.94%) |
Hourly BBV | 0 () |
Intraday Trend | 6.6% |
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