| MRO latest price $26.5700 (1.14%) ($25.9350 - $26.9500) on Wed. Apr. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 56 |
Latest Price | $26.5700(1.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 1.7% a day on average for past five trading days. |
Weekly Trend | MRO advances 0.8% 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(87%) XLE(62%) XOP(61%) IWD(55%) IWN(54%) |
Factors Impacting MRO price | MRO will decline at least -1.425% in a week (0% probabilities). VIXM(-25%) UUP(-24%) SHY(-12%) BNDX(-9%) 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 | -1.425% (StdDev 2.85%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.9% |
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