| O latest price $54.5000 (7.56%) ($50.3300 - $59.5000) on Wed. Mar. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.74% (three month average) |
RSI | 38 |
Latest Price | $54.5000(7.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 5.2% a day on average for past five trading days. |
Weekly Trend | O declines -19.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) XLRE(72%) SDY(71%) IWD(70%) DIA(69%) SPLV(69%) |
Factors Impacting O price | O will decline at least -2.87% in a week (0% probabilities). VIXM(-49%) VXX(-18%) UUP(-11%) TLT(-7%) SHY(5%) |
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 | -2.87% (StdDev 5.74%) |
Hourly BBV | 1.3 () |
Intraday Trend | 4.8% |
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