| MRO latest price $8.9800 (13.1%) ($8.0600 - $9.0600) on Mon. Feb. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.17% (three month average) |
RSI | 52 |
Latest Price | $8.9800(13.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 4.3% a day on average for past five trading days. |
Weekly Trend | MRO declines -1.3% 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(75%) XLE(74%) USO(54%) IWN(52%) |
Factors Impacting MRO price | MRO will decline at least -2.585% 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. |
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Relative Volatility | |
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Market Trend Strength | -2.585% (StdDev 5.17%) |
Hourly BBV | 0 () |
Intraday Trend | 11.4% |
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