| O latest price $66.4900 (1.36%) ($65.1390 - $66.5200) on Thu. Mar. 17, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 42 |
Latest Price | $66.4900(1.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.5% a day on average for past five trading days. |
Weekly Trend | O declines -0.6% 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) SPLV(70%) SDY(69%) IFRA(63%) IVE(62%) IWD(62%) |
Factors Impacting O price | O will decline at least -0.585% in a week (0% probabilities). VIXM(-40%) UUP(-22%) TBT(-14%) VXX(-8%) EDOC(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.585% (StdDev 1.17%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2% |
| |
|
|