| O latest price $67.9900 (1.25%) ($66.9000 - $68.1200) on Fri. May. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 51 |
Latest Price | $67.9900(1.25%) |
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 0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SPLV(70%) SDY(68%) IFRA(62%) IVE(60%) IWD(60%) |
Factors Impacting O price | O will decline at least -0.73% in a week (0% probabilities). VIXM(-37%) UUP(-22%) TBT(-13%) VXX(-6%) UNG(6%) |
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 | -0.73% (StdDev 1.46%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.3% |
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