| O latest price $78.4100 (-0.72%) ($77.7400 - $79.1450) on Fri. Jan. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.01% (three month average) |
RSI | 82 |
Latest Price | $78.4100(-0.72%) |
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 2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) XLRE(73%) SDY(72%) IWD(70%) SPLV(70%) DIA(69%) |
Factors Impacting O price | O will decline at least -0.505% in a week (0% probabilities). VIXM(-50%) VXX(-20%) TLT(-9%) UUP(-7%) IGOV(-4%) |
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 | -0.505% (StdDev 1.01%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.6% |
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