| MRO latest price $5.0700 (-0.39%) ($4.8900 - $5.2200) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.43% (three month average) |
RSI | 68 |
Latest Price | $5.0700(-0.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 4.3% a day on average for past five trading days. |
Weekly Trend | MRO advances 4.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) XLF(10%) XLV(10%) EWP(7%) IVE(7%) IWD(7%) |
Factors Impacting MRO price | MRO will decline at least -2.215% in a week (0% probabilities). VIXM(-8%) MCHI(-7%) FXI(-7%) TLT(-6%) TIP(-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 | -2.215% (StdDev 4.43%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
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