| MRO latest price $23.9100 (7.03%) ($22.7500 - $24.0100) on Thu. Aug. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.64% (three month average) |
RSI | 63 |
Latest Price | $23.9100(7.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 2.2% a day on average for past five trading days. |
Weekly Trend | MRO declines -1.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) OIH(86%) IWD(53%) IWN(51%) IWM(50%) IWO(48%) |
Factors Impacting MRO price | MRO will decline at least -1.82% in a week (0% probabilities). UUP(-22%) VIXM(-14%) SHY(-13%) EDOC(-10%) BNDX(-10%) |
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 | -1.82% (StdDev 3.64%) |
Hourly BBV | 2 () |
Intraday Trend | 4.3% |
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