| MRO latest price $6.4900 (1.88%) ($6.2300 - $6.5700) on Thu. Jun. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.55% (three month average) |
RSI | 65 |
Latest Price | $6.4900(1.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.8% a day on average for past five trading days. |
Weekly Trend | MRO advances 4.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) IWN(10%) JETS(10%) TAN(10%) XAR(10%) ICLN(8%) |
Factors Impacting MRO price | MRO will decline at least -3.275% in a week (0% probabilities). VIXM(-10%) 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 | -3.275% (StdDev 6.55%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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