| MRO latest price $27.2600 (1.41%) ($26.5600 - $28.0600) on Fri. May. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.48% (three month average) |
RSI | 61 |
Latest Price | $27.2600(1.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.2% a day on average for past five trading days. |
Weekly Trend | MRO advances 1.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) OIH(87%) XLE(58%) XOP(57%) IWD(54%) IWN(53%) |
Factors Impacting MRO price | MRO will decline at least -1.74% in a week (0% probabilities). UUP(-24%) VIXM(-20%) SHY(-13%) BNDX(-11%) 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 | -1.74% (StdDev 3.48%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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