| MRO latest price $23.7200 (-1.13%) ($23.4300 - $24.1350) on Thu. Oct. 4, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 82 |
Latest Price | $23.7200(-1.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.9% a day on average for past five trading days. |
Weekly Trend | MRO advances 5.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(15%) DIA(14%) IBB(12%) USO(12%) OIH(11%) |
Factors Impacting MRO price | MRO will decline at least -1.075% 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 | -1.075% (StdDev 2.15%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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