| O latest price $63.8600 (2.54%) ($60.8500 - $64.1000) on Fri. Oct. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.7% (three month average) |
RSI | 42 |
Latest Price | $63.8600(2.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 1.3% 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 | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SDY(65%) XLRE(62%) SPLV(61%) IFRA(58%) IVE(58%) |
Factors Impacting O price | O will decline at least -0.85% in a week (0% probabilities). VIXM(-37%) UUP(-17%) VXX(-12%) TBT(-7%) EDOC(-5%) |
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 | -0.85% (StdDev 1.7%) |
Hourly BBV | 2.1 () |
Intraday Trend | 4.4% |
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