| MRO latest price $25.8600 (-0.96%) ($25.8100 - $26.3900) on Thu. Jul. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 73 |
Latest Price | $25.8600(-0.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | MRO advances 0.5% a day on average for past five trading days. |
Weekly Trend | MRO advances 3.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support MRO advance at 0% a week (0% probability) XOP(90%) XLE(87%) OIH(81%) USO(71%) VYM(47%) |
Factors Impacting MRO price | MRO will decline at least -1.035% in a week (0% probabilities). EDOC(-25%) XLY(-8%) TBT(-7%) JETS(-7%) 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 | -1.035% (StdDev 2.07%) |
Hourly BBV | -0.5 () |
Intraday Trend | -1.7% |
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