| MRO latest price $6.4500 (4.54%) ($6.3400 - $6.6300) on Tue. Nov. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.72% (three month average) |
RSI | 83 |
Latest Price | $6.4500(4.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 3.3% a day on average for past five trading days. |
Weekly Trend | MRO advances 13.4% a week on average for past two weeks. |
Market Behavior | Broad based 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 -2.36% 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. |
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Relative Volatility | |
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Market Trend Strength | -2.36% (StdDev 4.72%) |
Hourly BBV | 0 () |
Intraday Trend | -0.8% |
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