| MRO latest price $7.1100 (-7.18%) ($7.1000 - $7.5400) on Wed. Jun. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.92% (three month average) |
RSI | 63 |
Latest Price | $7.1100(-7.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 3.2% a day on average for past five trading days. |
Weekly Trend | MRO advances 12.6% 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) JETS(14%) IWN(13%) XAR(12%) XOP(12%) IFRA(11%) |
Factors Impacting MRO price | MRO will decline at least -3.46% in a week (0% probabilities). VIXM(-11%) UNG(-5%) VXX(-4%) UUP(-2%) TBT(-2%) |
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 | -3.46% (StdDev 6.92%) |
Hourly BBV | 0 () |
Intraday Trend | -5.5% |
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