| O latest price $24.8100 (9.83%) ($22.0900 - $24.8800) on Wed. Jul. 16, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.58% (three month average) |
RSI | 56 |
Latest Price | $24.8100(9.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 2% a day on average for past five trading days. |
Weekly Trend | O 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 O advance at 0% a week (0% probability) IWM(64%) SPY(61%) XLY(58%) EEM(56%) PEJ(56%) |
Factors Impacting O price | O will decline at least -1.29% in a week (0% probabilities). TLT(-11%) SHY(-6%) TIP(-1%) GLD(6%) LQD(16%) |
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 | -1.29% (StdDev 2.58%) |
Hourly BBV | 0 () |
Intraday Trend | 10.4% |
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