| O latest price $66.9300 (0.83%) ($66.1200 - $67.3000) on Mon. Jan. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.35% (three month average) |
RSI | 66 |
Latest Price | $66.9300(0.83%) |
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 1.9% 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) XLRE(80%) SPLV(67%) SDY(66%) XLU(64%) IWD(58%) |
Factors Impacting O price | O will decline at least -0.675% in a week (0% probabilities). VIXM(-31%) VXX(-9%) VCSH(-5%) TBT(-5%) 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 | 1.1 () |
Intraday Trend | 0.8% |
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