| MRO latest price $29.0100 (3.31%) ($28.2500 - $29.2400) on Wed. May. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 55 |
Latest Price | $29.0100(3.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 1.6% a day on average for past five trading days. |
Weekly Trend | MRO advances 3.8% 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(57%) XOP(57%) IWD(54%) IWN(53%) |
Factors Impacting MRO price | MRO will decline at least -1.765% 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 | -1.765% (StdDev 3.53%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.7% |
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