| O latest price $33.6400 (0.96%) ($32.5600 - $33.7900) on Fri. Aug. 26, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 77 |
Latest Price | $33.6400(0.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 1% a day on average for past five trading days. |
Weekly Trend | O advances 3.9% 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) XLU(58%) PEJ(52%) SPY(52%) IWM(51%) JNK(50%) |
Factors Impacting O price | O will decline at least -1.125% in a week (0% probabilities). TLT(-0%) IGOV(7%) SHY(9%) GLD(12%) TIP(16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.125% (StdDev 2.25%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
| |
|
|