| O latest price $61.1900 (1.53%) ($59.5500 - $61.3300) on Thu. Nov. 1, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 77 |
Latest Price | $61.1900(1.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.3% a day on average for past five trading days. |
Weekly Trend | O advances 3.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) XLRE(74%) SPLV(70%) SDY(68%) IWD(66%) IVE(64%) |
Factors Impacting O price | O will decline at least -0.525% in a week (0% probabilities). UUP(-22%) VIXM(-19%) VXX(-14%) DIA(-11%) GDXJ(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.525% (StdDev 1.05%) |
Hourly BBV | 0 () |
Intraday Trend | 1.5% |
| |
|
|