| O latest price $23.0200 (-4.08%) ($22.8100 - $24.2500) on Thu. Dec. 18, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.01% (three month average) |
RSI | 58 |
Latest Price | $23.0200(-4.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 3.7% a day on average for past five trading days. |
Weekly Trend | O advances 9.9% 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(59%) SPY(58%) PEJ(55%) XLY(54%) XLU(53%) |
Factors Impacting O price | O will decline at least -4.005% in a week (0% probabilities). TLT(-7%) SHY(0%) TIP(9%) GLD(9%) 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 | -4.005% (StdDev 8.01%) |
Hourly BBV | 0 () |
Intraday Trend | -3.7% |
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