| O latest price $74.6700 (1.1%) ($73.9600 - $74.7700) on Fri. Aug. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.38% (three month average) |
RSI | 67 |
Latest Price | $74.6700(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.5% a day on average for past five trading days. |
Weekly Trend | O advances 0.9% 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(69%) SDY(68%) IFRA(64%) IWD(62%) IVE(61%) |
Factors Impacting O price | O will decline at least -0.69% in a week (0% probabilities). VIXM(-32%) UUP(-23%) TBT(-8%) VXX(-5%) EDOC(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 | -0.69% (StdDev 1.38%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.6% |
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