| MRO latest price $21.2200 (2.36%) ($20.9700 - $21.4000) on Wed. Jun. 27, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 51 |
Latest Price | $21.2200(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.1% a day on average for past five trading days. |
Weekly Trend | MRO declines -1.2% 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(16%) DIA(15%) USO(14%) IBB(12%) OIH(12%) |
Factors Impacting MRO price | MRO will decline at least -1.33% in a week (0% probabilities). VXX(-9%) SHY(-9%) BND(-8%) VCIT(-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 | -1.33% (StdDev 2.66%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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