| MRO latest price $11.0900 (5.32%) ($10.7400 - $11.1300) on Fri. Mar. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 38 |
Latest Price | $11.0900(5.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.1% a day on average for past five trading days. |
Weekly Trend | MRO declines -7% 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(85%) XOP(74%) XLE(73%) USO(54%) IWN(53%) |
Factors Impacting MRO price | MRO will decline at least -2.19% in a week (0% probabilities). VIXM(-25%) UUP(-21%) 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 | -2.19% (StdDev 4.38%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.3% |
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