| O latest price $60.2600 (-1.37%) ($60.1700 - $62.4370) on Mon. Jul. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 39 |
Latest Price | $60.2600(-1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.6% a day on average for past five trading days. |
Weekly Trend | O declines -1.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SDY(64%) XLRE(63%) SPLV(59%) IVE(58%) IWD(58%) |
Factors Impacting O price | O will decline at least -1.675% in a week (0% probabilities). VIXM(-36%) UUP(-18%) VXX(-12%) TBT(-6%) XLC(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 | -1.675% (StdDev 3.35%) |
Hourly BBV | -1.2 () |
Intraday Trend | -3.3% |
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