| O latest price $77.6300 (-0.67%) ($76.4500 - $78.0000) on Thu. Mar. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 49 |
Latest Price | $77.6300(-0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 1.3% a day on average for past five trading days. |
Weekly Trend | O declines -3% 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(71%) SPLV(71%) DIA(70%) |
Factors Impacting O price | O will decline at least -0.815% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.815% (StdDev 1.63%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.8% |
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