| MRO latest price $21.7500 (-1.85%) ($21.6110 - $22.5900) on Fri. Jul. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.88% (three month average) |
RSI | 45 |
Latest Price | $21.7500(-1.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.8% a day on average for past five trading days. |
Weekly Trend | MRO advances 1.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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(86%) IWD(53%) IWN(52%) IWM(50%) IWO(49%) |
Factors Impacting MRO price | MRO will decline at least -1.94% in a week (0% probabilities). UUP(-23%) VIXM(-16%) SHY(-13%) BNDX(-10%) 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 | -1.94% (StdDev 3.88%) |
Hourly BBV | -1.2 () |
Intraday Trend | -2.2% |
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