| O latest price $56.6800 (6.68%) ($55.5400 - $60.7300) on Thu. Apr. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.21% (three month average) |
RSI | 61 |
Latest Price | $56.6800(6.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 4.6% a day on average for past five trading days. |
Weekly Trend | O declines -0.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(71%) XLRE(70%) SPLV(67%) IWD(66%) IFRA(65%) |
Factors Impacting O price | O will decline at least -3.105% in a week (0% probabilities). VIXM(-43%) UUP(-22%) VXX(-15%) TLT(-4%) TBT(4%) |
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 | -3.105% (StdDev 6.21%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.4% |
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