| MRO latest price $16.2400 (-3.33%) ($15.9750 - $16.8950) on Fri. Apr. 6, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.86% (three month average) |
RSI | 59 |
Latest Price | $16.2400(-3.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.1% a day on average for past five trading days. |
Weekly Trend | MRO advances 2% 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 MRO advance at 0% a week (0% probability) XOP(17%) DIA(15%) USO(15%) OIH(13%) XLE(13%) |
Factors Impacting MRO price | MRO will decline at least -1.43% in a week (0% probabilities). SHY(-9%) BND(-8%) VCIT(-6%) TLT(-6%) IPO(-6%) |
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 | -1.43% (StdDev 2.86%) |
Hourly BBV | 0 () |
Intraday Trend | -2.3% |
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