| MRO latest price $20.7400 (0.39%) ($20.4200 - $21.3200) on Wed. Jul. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 39 |
Latest Price | $20.7400(0.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.1% a day on average for past five trading days. |
Weekly Trend | MRO declines -3.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) OIH(87%) IWD(53%) IWN(51%) IWM(50%) XLE(50%) |
Factors Impacting MRO price | MRO will decline at least -1.96% in a week (0% probabilities). UUP(-24%) VIXM(-16%) SHY(-13%) BNDX(-11%) 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 | -1.96% (StdDev 3.92%) |
Hourly BBV | -0.1 () |
Intraday Trend | 1.2% |
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