| MRO latest price $27.4400 (1.48%) ($26.5800 - $27.6700) on Wed. Oct. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.44% (three month average) |
RSI | 60 |
Latest Price | $27.4400(1.48%) |
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 11.3% 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(84%) IWD(56%) IWN(53%) IWM(51%) DIA(50%) |
Factors Impacting MRO price | MRO will decline at least -1.72% in a week (0% probabilities). SHY(-20%) UUP(-16%) BNDX(-15%) VIXM(-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 | -1.72% (StdDev 3.44%) |
Hourly BBV | 0.6 () |
Intraday Trend | 2% |
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