| MRO latest price $24.8000 (3.55%) ($24.3700 - $25.0000) on Fri. Jul. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.97% (three month average) |
RSI | 69 |
Latest Price | $24.8000(3.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 2.6% a day on average for past five trading days. |
Weekly Trend | MRO advances 6.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) OIH(86%) IWD(53%) IWN(51%) IWM(50%) IFRA(48%) |
Factors Impacting MRO price | MRO will decline at least -1.985% in a week (0% probabilities). UUP(-22%) VIXM(-15%) SHY(-13%) BNDX(-10%) VXX(-5%) |
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 | -1.985% (StdDev 3.97%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.4% |
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