| MRO latest price $6.1200 (4.62%) ($5.7500 - $6.3400) on Thu. Apr. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.92% (three month average) |
RSI | 76 |
Latest Price | $6.1200(4.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 5.1% a day on average for past five trading days. |
Weekly Trend | MRO advances 14.2% a week on average for past two weeks. |
Market Behavior | Value stocks 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) VIXM(7%) BNDX(6%) TIP(6%) XRT(4%) IPO(3%) |
Factors Impacting MRO price | MRO will decline at least -4.46% in a week (0% probabilities). IGOV(-9%) XLRE(-7%) USO(-7%) SDY(-6%) XOP(-5%) |
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 | -4.46% (StdDev 8.92%) |
Hourly BBV | 0 () |
Intraday Trend | -3% |
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