| O latest price $62.8500 (-2.06%) ($61.6000 - $63.0500) on Tue. Jun. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.53% (three month average) |
RSI | 81 |
Latest Price | $62.8500(-2.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 1.9% a day on average for past five trading days. |
Weekly Trend | O advances 8.6% a week on average for past two weeks. |
Market Behavior | Value stocks 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(67%) XLRE(65%) IVE(61%) IWD(61%) SPLV(61%) |
Factors Impacting O price | O will decline at least -3.265% in a week (0% probabilities). VIXM(-40%) UUP(-20%) VXX(-14%) TBT(-2%) IGOV(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 | -0.2 () |
Intraday Trend | 1.1% |
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