| O latest price $78.2000 (-0.27%) ($78.0400 - $78.9700) on Mon. Feb. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1% (three month average) |
RSI | 76 |
Latest Price | $78.2000(-0.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.2% a day on average for past five trading days. |
Weekly Trend | O advances 1.7% 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(73%) SDY(72%) IWD(70%) SPLV(70%) DIA(69%) |
Factors Impacting O price | O will decline at least -0.5% 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 | -0.5% (StdDev 1%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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