| MRO latest price $20.9700 (1.55%) ($20.3450 - $21.0000) on Wed. Feb. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.84% (three month average) |
RSI | 68 |
Latest Price | $20.9700(1.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 1.4% a day on average for past five trading days. |
Weekly Trend | MRO advances 3.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) OIH(85%) XLE(65%) XOP(63%) IFRA(49%) IWD(49%) |
Factors Impacting MRO price | MRO will decline at least -1.42% in a week (0% probabilities). UUP(-20%) VIXM(-19%) SHY(-11%) VXX(-6%) BNDX(-6%) |
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 | -1.42% (StdDev 2.84%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.2% |
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