| O latest price $63.4400 (1.5%) ($61.9200 - $63.5200) on Fri. Aug. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 53 |
Latest Price | $63.4400(1.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.8% a day on average for past five trading days. |
Weekly Trend | O advances 0.5% 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(65%) XLRE(63%) SPLV(60%) IWD(59%) IFRA(58%) |
Factors Impacting O price | O will decline at least -1.025% in a week (0% probabilities). VIXM(-37%) UUP(-18%) VXX(-12%) TBT(-7%) EDOC(-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 | -1.025% (StdDev 2.05%) |
Hourly BBV | 1.9 () |
Intraday Trend | 1.3% |
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