| O latest price $22.4700 (8.18%) ($20.9400 - $22.6000) on Wed. Dec. 10, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.85% (three month average) |
RSI | 67 |
Latest Price | $22.4700(8.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 3.6% a day on average for past five trading days. |
Weekly Trend | O advances 8.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) IWM(61%) SPY(60%) PEJ(56%) XLY(55%) XLU(54%) |
Factors Impacting O price | O will decline at least -3.925% in a week (0% probabilities). TLT(-8%) SHY(0%) TIP(7%) GLD(11%) USO(21%) |
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 | -3.925% (StdDev 7.85%) |
Hourly BBV | 0 () |
Intraday Trend | 5.4% |
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