| MRO latest price $27.3300 (-1.51%) ($27.2050 - $27.7200) on Mon. Feb. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 47 |
Latest Price | $27.3300(-1.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 1.2% a day on average for past five trading days. |
Weekly Trend | MRO declines -1.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) XOP(92%) XLE(91%) OIH(85%) USO(71%) VYM(63%) |
Factors Impacting MRO price | MRO will decline at least -1.16% in a week (0% probabilities). SHY(-32%) VIXM(-28%) BNDX(-27%) BND(-21%) TLT(-15%) |
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 | -1.16% (StdDev 2.32%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.5% |
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