| O latest price $22.4300 (6.3%) ($21.3100 - $22.5200) on Mon. May. 4, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.39% (three month average) |
RSI | 61 |
Latest Price | $22.4300(6.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.8% 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) XLU(57%) SPY(56%) IWM(55%) PEJ(54%) XLP(50%) |
Factors Impacting O price | O will decline at least -2.695% in a week (0% probabilities). TLT(-6%) SHY(3%) IGOV(8%) TIP(10%) GLD(12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.695% (StdDev 5.39%) |
Hourly BBV | 0 () |
Intraday Trend | 4.3% |
| |
|
|