| MRO latest price $21.0600 (-2.09%) ($21.0400 - $21.8000) on Tue. Sep. 4, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 55 |
Latest Price | $21.0600(-2.09%) |
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 4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) XOP(15%) DIA(14%) USO(13%) IBB(12%) OIH(11%) |
Factors Impacting MRO price | MRO will decline at least -1.32% in a week (0% probabilities). SHY(-9%) VXX(-8%) BND(-8%) GDX(-7%) VCIT(-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 | -1.32% (StdDev 2.64%) |
Hourly BBV | 0 () |
Intraday Trend | -2.9% |
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