| MRO latest price $5.4900 (-0.18%) ($5.4800 - $5.8600) on Wed. Nov. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 82 |
Latest Price | $5.4900(-0.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 1.5% a day on average for past five trading days. |
Weekly Trend | MRO advances 13.2% a week on average for past two weeks. |
Market Behavior | Broad based 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) XLE(20%) XOP(20%) XLF(18%) VYM(17%) XAR(16%) |
Factors Impacting MRO price | MRO will decline at least -2.3% in a week (0% probabilities). VIXM(-10%) TLT(-8%) TIP(-8%) VXX(-5%) GLD(-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 | -2.3% (StdDev 4.6%) |
Hourly BBV | 0 () |
Intraday Trend | -0.9% |
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