| O latest price $62.7500 (0.21%) ($62.5300 - $63.1550) on Fri. Jul. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.96% (three month average) |
RSI | 70 |
Latest Price | $62.7500(0.21%) |
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 1.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) DIA(84%) XLRE(79%) SDY(78%) IVE(75%) GLD(73%) |
Factors Impacting O price | O will decline at least -0.48% in a week (0% probabilities). VXX(-57%) VIXM(-56%) TBT(-52%) UUP(-31%) USO(-14%) |
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 | 1.1 () |
Intraday Trend | 0.1% |
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