| MRO latest price $7.8000 (5.69%) ($7.4800 - $7.8176) on Wed. Feb. 3, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.99% (three month average) |
RSI | 48 |
Latest Price | $7.8000(5.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.7% a day on average for past five trading days. |
Weekly Trend | MRO declines -5.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) OIH(83%) XOP(75%) XLE(74%) USO(54%) IWN(52%) |
Factors Impacting MRO price | MRO will decline at least -2.495% in a week (0% probabilities). VIXM(-24%) UUP(-20%) TLT(-11%) VXX(-10%) SHY(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.495% (StdDev 4.99%) |
Hourly BBV | 0 () |
Intraday Trend | 3.9% |
| |
|
|