| MRO latest price $21.6000 (-1.23%) ($21.1500 - $23.1800) on Tue. Feb. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.87% (three month average) |
RSI | 59 |
Latest Price | $21.6000(-1.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.3% a day on average for past five trading days. |
Weekly Trend | MRO advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(64%) XOP(63%) IFRA(50%) IWD(50%) |
Factors Impacting MRO price | MRO will decline at least -1.435% in a week (0% probabilities). VIXM(-21%) UUP(-21%) SHY(-11%) BNDX(-7%) VXX(-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 | -1.435% (StdDev 2.87%) |
Hourly BBV | -0.9 () |
Intraday Trend | -6.4% |
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