| MRO latest price $32.0300 (1.94%) ($31.5500 - $32.5700) on Fri. Nov. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 82 |
Latest Price | $32.0300(1.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 1.2% a day on average for past five trading days. |
Weekly Trend | MRO advances 4.8% a week on average for past two weeks. |
Market Behavior | Broad based 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(83%) IWD(54%) IWN(52%) IWM(50%) IWO(48%) |
Factors Impacting MRO price | MRO will decline at least -1.605% in a week (0% probabilities). BNDX(-23%) SHY(-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 | -1.605% (StdDev 3.21%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.5% |
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