| O latest price $21.0200 (9.94%) ($18.1500 - $21.2500) on Thu. Nov. 13, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.13% (three month average) |
RSI | 54 |
Latest Price | $21.0200(9.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.9% a day on average for past five trading days. |
Weekly Trend | O declines -3.2% 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(62%) SPY(61%) PEJ(57%) XLY(57%) XLU(55%) |
Factors Impacting O price | O will decline at least -3.065% in a week (0% probabilities). TLT(-9%) SHY(-2%) TIP(4%) GLD(13%) LQD(21%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.065% (StdDev 6.13%) |
Hourly BBV | 0 () |
Intraday Trend | 10.6% |
| |
|
|