| O latest price $53.1300 (-6.63%) ($51.2500 - $57.6200) on Mon. Mar. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.88% (three month average) |
RSI | 39 |
Latest Price | $53.1300(-6.63%) |
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 -10.7% 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) SDY(72%) XLRE(71%) SPLV(70%) IWD(68%) IVE(67%) |
Factors Impacting O price | O will decline at least -2.94% in a week (0% probabilities). VIXM(-37%) UUP(-25%) VXX(-13%) TLT(-8%) UNG(6%) |
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 | -2.94% (StdDev 5.88%) |
Hourly BBV | -1.4 () |
Intraday Trend | -6.8% |
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