| MRO latest price $11.1400 (-0.45%) ($11.0800 - $11.6000) on Tue. Apr. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.52% (three month average) |
RSI | 48 |
Latest Price | $11.1400(-0.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.5% a day on average for past five trading days. |
Weekly Trend | MRO advances 0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 | -1 () |
Intraday Trend | -1.2% |
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