| MRO latest price $8.8900 (-1%) ($8.5100 - $9.0400) on Tue. Feb. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.35% (three month average) |
RSI | 51 |
Latest Price | $8.8900(-1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 3.8% a day on average for past five trading days. |
Weekly Trend | MRO advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth 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 -2.175% 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 | -2.175% (StdDev 4.35%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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