| O latest price $61.6300 (0.92%) ($59.9450 - $61.9900) on Thu. Nov. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 80 |
Latest Price | $61.6300(0.92%) |
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 3.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SDY(69%) SPLV(67%) IFRA(61%) IWD(61%) IVE(60%) |
Factors Impacting O price | O will decline at least -0.735% in a week (0% probabilities). VIXM(-26%) UUP(-14%) VXX(-5%) TBT(-3%) UNG(4%) |
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 | -0.735% (StdDev 1.47%) |
Hourly BBV | 0.1 () |
Intraday Trend | 2.1% |
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