| O latest price $66.0400 (-1.27%) ($65.7120 - $67.1000) on Wed. Jan. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.35% (three month average) |
RSI | 59 |
Latest Price | $66.0400(-1.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.6% a day on average for past five trading days. |
Weekly Trend | O advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) XLRE(80%) SDY(65%) SPLV(65%) XLU(64%) IWD(57%) |
Factors Impacting O price | O will decline at least -0.675% in a week (0% probabilities). VIXM(-30%) VXX(-9%) TBT(-9%) UUP(-4%) SMH(-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 | -0.675% (StdDev 1.35%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.4% |
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