| MRO latest price $7.8100 (0.13%) ($7.6100 - $7.9200) on Thu. Feb. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.98% (three month average) |
RSI | 35 |
Latest Price | $7.8100(0.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.7% a day on average for past five trading days. |
Weekly Trend | MRO declines -5.7% a week on average for past two weeks. |
Market Behavior | Broad based 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(75%) XLE(74%) USO(54%) IWN(52%) |
Factors Impacting MRO price | MRO will decline at least -2.49% in a week (0% probabilities). VIXM(-24%) UUP(-20%) TLT(-11%) VXX(-10%) SHY(-9%) |
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 | -2.49% (StdDev 4.98%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
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