| MRO latest price $22.5600 (3.11%) ($21.6400 - $22.6200) on Mon. Feb. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 56 |
Latest Price | $22.5600(3.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.7% a day on average for past five trading days. |
Weekly Trend | MRO advances 0.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) OIH(86%) XLE(64%) XOP(63%) IFRA(51%) IWD(51%) |
Factors Impacting MRO price | MRO will decline at least -1.325% in a week (0% probabilities). VIXM(-22%) UUP(-21%) SHY(-12%) BNDX(-7%) VXX(-6%) |
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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 1.5 () |
Intraday Trend | 4.1% |
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