| O latest price $61.3900 (0.26%) ($61.1100 - $61.6500) on Fri. Jun. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 91 |
Latest Price | $61.3900(0.26%) |
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 1.8% 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(79%) SDY(74%) DIA(70%) VYM(69%) IWD(67%) |
Factors Impacting O price | O will decline at least -0.525% in a week (0% probabilities). VXX(-45%) VIXM(-42%) TBT(-31%) UUP(-23%) EDOC(-23%) |
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 | -0.525% (StdDev 1.05%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.3% |
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