| O latest price $56.5700 (2.28%) ($55.1700 - $57.0000) on Mon. Jun. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.53% (three month average) |
RSI | 56 |
Latest Price | $56.5700(2.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 1.6% a day on average for past five trading days. |
Weekly Trend | O advances 4.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SDY(67%) XLRE(66%) IVE(61%) IWD(61%) IFRA(60%) |
Factors Impacting O price | O will decline at least -3.265% in a week (0% probabilities). VIXM(-40%) UUP(-20%) VXX(-14%) TBT(-2%) TLT(1%) |
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 | -3.265% (StdDev 6.53%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.1% |
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