| MRO latest price $5.8500 (17.23%) ($5.1800 - $5.8800) on Wed. Apr. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.89% (three month average) |
RSI | 77 |
Latest Price | $5.8500(17.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 5.4% a day on average for past five trading days. |
Weekly Trend | MRO advances 11.3% 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) REMX(5%) TLT(5%) BLOK(4%) BND(4%) EWJ(4%) |
Factors Impacting MRO price | MRO will decline at least -4.445% in a week (0% probabilities). XLU(-5%) USO(-5%) XLE(-4%) TBT(-4%) UNG(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -4.445% (StdDev 8.89%) |
Hourly BBV | 0 () |
Intraday Trend | 12.7% |
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