| MRO latest price $30.5200 (1.13%) ($30.4500 - $31.2850) on Thu. Oct. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.31% (three month average) |
RSI | 65 |
Latest Price | $30.5200(1.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 1.5% a day on average for past five trading days. |
Weekly Trend | MRO advances 4.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) OIH(83%) IWD(53%) IWN(51%) IWM(49%) DIA(48%) |
Factors Impacting MRO price | MRO will decline at least -1.655% in a week (0% probabilities). SHY(-22%) BNDX(-22%) UUP(-14%) VIXM(-9%) 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 | -1.655% (StdDev 3.31%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1.5% |
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