| O latest price $70.3500 (0.99%) ($69.2000 - $70.4400) on Mon. Oct. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.01% (three month average) |
RSI | 77 |
Latest Price | $70.3500(0.99%) |
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 2.8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SPLV(68%) SDY(67%) IFRA(62%) IVE(61%) IWD(61%) |
Factors Impacting O price | O will decline at least -0.505% in a week (0% probabilities). VIXM(-41%) UUP(-21%) TBT(-11%) VXX(-10%) IGOV(-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 | -0.505% (StdDev 1.01%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.4% |
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