| O latest price $60.5000 (1.99%) ($59.2450 - $60.5300) on Tue. Jul. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.96% (three month average) |
RSI | 50 |
Latest Price | $60.5000(1.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.1% a day on average for past five trading days. |
Weekly Trend | O advances 0.3% 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) DIA(79%) XLRE(79%) SDY(76%) IVE(75%) SPLV(73%) |
Factors Impacting O price | O will decline at least -0.48% in a week (0% probabilities). VXX(-53%) VIXM(-53%) TBT(-48%) UUP(-26%) 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 | -0.48% (StdDev 0.96%) |
Hourly BBV | 2.3 () |
Intraday Trend | 1.7% |
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