| MRO latest price $11.1600 (9.41%) ($9.6500 - $11.2982) on Tue. Feb. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.41% (three month average) |
RSI | 85 |
Latest Price | $11.1600(9.41%) |
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 11.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) OIH(83%) XOP(75%) XLE(73%) USO(55%) IWN(52%) |
Factors Impacting MRO price | MRO will decline at least -2.205% in a week (0% probabilities). VIXM(-25%) UUP(-20%) TLT(-11%) VXX(-10%) SHY(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.205% (StdDev 4.41%) |
Hourly BBV | 0 () |
Intraday Trend | 8.3% |
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