| O latest price $22.4000 (2.47%) ($21.5700 - $22.8300) on Fri. Apr. 24, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.43% (three month average) |
RSI | 55 |
Latest Price | $22.4000(2.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.4% a day on average for past five trading days. |
Weekly Trend | O advances 2.1% 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(56%) SPY(56%) XLU(56%) PEJ(54%) XLP(51%) |
Factors Impacting O price | O will decline at least -2.715% in a week (0% probabilities). TLT(-7%) SHY(3%) IGOV(8%) TIP(10%) GLD(11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.715% (StdDev 5.43%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
| |
|
|