| O latest price $70.6200 (-0.24%) ($70.3800 - $71.2000) on Fri. Aug. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.03% (three month average) |
RSI | 68 |
Latest Price | $70.6200(-0.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.1% a day on average for past five trading days. |
Weekly Trend | O advances 0.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SPLV(68%) SDY(67%) IFRA(61%) IVE(60%) IWD(60%) |
Factors Impacting O price | O will decline at least -0.515% in a week (0% probabilities). VIXM(-40%) UUP(-20%) TBT(-13%) VXX(-11%) 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 | -0.515% (StdDev 1.03%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.3% |
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