| MRO latest price $6.1700 (10.18%) ($5.7100 - $6.1900) on Mon. Nov. 23, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.71% (three month average) |
RSI | 83 |
Latest Price | $6.1700(10.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 2.5% a day on average for past five trading days. |
Weekly Trend | MRO advances 13.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) OIH(84%) XOP(77%) XLE(76%) IWN(54%) USO(53%) |
Factors Impacting MRO price | MRO will decline at least -2.355% in a week (0% probabilities). VIXM(-24%) UUP(-21%) TLT(-12%) VXX(-10%) BNDX(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.355% (StdDev 4.71%) |
Hourly BBV | 0 () |
Intraday Trend | 7.9% |
| |
|
|