| MRO latest price $21.2600 (4.01%) ($20.8500 - $21.6800) on Wed. May. 9, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.69% (three month average) |
RSI | 83 |
Latest Price | $21.2600(4.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 3.1% a day on average for past five trading days. |
Weekly Trend | MRO advances 6.3% 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 MRO advance at 0% a week (0% probability) XOP(16%) DIA(15%) USO(14%) IBB(12%) OIH(12%) |
Factors Impacting MRO price | MRO will decline at least -1.345% in a week (0% probabilities). SHY(-9%) BND(-8%) VCIT(-6%) IPO(-6%) GDX(-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 | -1.345% (StdDev 2.69%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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