| O latest price $60.1500 (-0.07%) ($59.7800 - $60.2600) on Wed. Jun. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.94% (three month average) |
RSI | 53 |
Latest Price | $60.1500(-0.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.2% a day on average for past five trading days. |
Weekly Trend | O declines -0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) XLRE(80%) SDY(75%) DIA(74%) IVE(71%) IWD(69%) |
Factors Impacting O price | O will decline at least -0.47% in a week (0% probabilities). VXX(-49%) VIXM(-48%) TBT(-37%) UUP(-24%) USO(-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 | -0.47% (StdDev 0.94%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.1% |
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