| MRO latest price $21.4100 (-1.11%) ($21.3600 - $21.6300) on Fri. May. 18, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.41% (three month average) |
RSI | 86 |
Latest Price | $21.4100(-1.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.4% a day on average for past five trading days. |
Weekly Trend | MRO advances 6.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) XOP(17%) DIA(15%) USO(14%) IBB(12%) OIH(12%) |
Factors Impacting MRO price | MRO will decline at least -1.205% in a week (0% probabilities). VXX(-9%) SHY(-9%) BND(-8%) VCIT(-6%) TLT(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.205% (StdDev 2.41%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
| |
|
|