| O latest price $81.9100 (2.81%) ($80.3800 - $84.9200) on Thu. Feb. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1% (three month average) |
RSI | 64 |
Latest Price | $81.9100(2.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.9% a day on average for past five trading days. |
Weekly Trend | O advances 1.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock 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(-51%) VXX(-20%) TLT(-9%) UUP(-7%) SHY(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.5% (StdDev 1%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.1% |
| |
|
|