| MRO latest price $6.8500 (10.66%) ($6.3450 - $6.8500) on Fri. Dec. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.99% (three month average) |
RSI | 80 |
Latest Price | $6.8500(10.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 1.6% a day on average for past five trading days. |
Weekly Trend | MRO advances 5.9% 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(83%) XOP(76%) XLE(75%) IWN(54%) USO(53%) |
Factors Impacting MRO price | MRO will decline at least -2.495% 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 | -2.495% (StdDev 4.99%) |
Hourly BBV | 0 () |
Intraday Trend | 7.5% |
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