| MRO latest price $22.2100 (3.74%) ($21.3600 - $22.2800) on Fri. Feb. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 83 |
Latest Price | $22.2100(3.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.7% a day on average for past five trading days. |
Weekly Trend | MRO advances 5.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(85%) XLE(64%) XOP(63%) IWD(50%) IFRA(49%) |
Factors Impacting MRO price | MRO will decline at least -1.415% in a week (0% probabilities). UUP(-21%) VIXM(-20%) SHY(-10%) BNDX(-6%) VXX(-5%) |
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 | -1.415% (StdDev 2.83%) |
Hourly BBV | 2 () |
Intraday Trend | 2.9% |
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