| MRO latest price $11.1900 (-5.09%) ($11.0000 - $11.6900) on Mon. Apr. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.52% (three month average) |
RSI | 43 |
Latest Price | $11.1900(-5.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.2% a day on average for past five trading days. |
Weekly Trend | MRO declines -0.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) OIH(84%) XLE(73%) XOP(73%) IWN(53%) USO(53%) |
Factors Impacting MRO price | MRO will decline at least -2.26% in a week (0% probabilities). VIXM(-26%) UUP(-20%) TLT(-11%) VXX(-10%) SHY(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.26% (StdDev 4.52%) |
Hourly BBV | -0 () |
Intraday Trend | -3.9% |
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