| O latest price $71.0800 (0.17%) ($70.6200 - $71.3000) on Thu. Jun. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.08% (three month average) |
RSI | 77 |
Latest Price | $71.0800(0.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.2% a day on average for past five trading days. |
Weekly Trend | O advances 2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SPLV(68%) SDY(66%) IFRA(60%) IVE(60%) IWD(60%) |
Factors Impacting O price | O will decline at least -0.54% in a week (0% probabilities). VIXM(-39%) UUP(-21%) VXX(-11%) TBT(-11%) IGOV(2%) |
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 | -0.54% (StdDev 1.08%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.2% |
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