| MRO latest price $25.7900 (2.54%) ($25.0800 - $25.9850) on Wed. Mar. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 46 |
Latest Price | $25.7900(2.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.6% a day on average for past five trading days. |
Weekly Trend | MRO declines -2.6% 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) XOP(92%) XLE(91%) OIH(86%) USO(71%) VYM(65%) |
Factors Impacting MRO price | MRO will decline at least -1.175% in a week (0% probabilities). SHY(-34%) VIXM(-32%) BNDX(-27%) BND(-21%) BWX(-18%) |
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 | -1.175% (StdDev 2.35%) |
Hourly BBV | 0.6 () |
Intraday Trend | 2.3% |
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