| O latest price $56.9000 (-2.5%) ($55.1500 - $60.1300) on Fri. Mar. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.82% (three month average) |
RSI | 43 |
Latest Price | $56.9000(-2.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 3.7% a day on average for past five trading days. |
Weekly Trend | O declines -15.1% 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) SDY(70%) XLRE(68%) IWD(67%) SPLV(66%) DIA(65%) |
Factors Impacting O price | O will decline at least -2.91% in a week (0% probabilities). VIXM(-44%) UUP(-22%) VXX(-15%) TLT(1%) TBT(3%) |
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 | -2.91% (StdDev 5.82%) |
Hourly BBV | 0.8 () |
Intraday Trend | 2.1% |
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