| O latest price $24.5400 (6.6%) ($23.3000 - $24.5700) on Fri. Dec. 19, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.03% (three month average) |
RSI | 72 |
Latest Price | $24.5400(6.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 3.3% a day on average for past five trading days. |
Weekly Trend | O advances 11.5% 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 -4.015% in a week (0% probabilities). TLT(-6%) SHY(1%) 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 | -4.015% (StdDev 8.03%) |
Hourly BBV | 0 () |
Intraday Trend | 5.3% |
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