| O latest price $59.9000 (0%) ($59.5600 - $60.2800) on Fri. May. 27, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 27 |
Latest Price | $59.9000(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.2% a day on average for past five trading days. |
Weekly Trend | O declines -3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) XLRE(75%) SPLV(68%) SDY(65%) IWD(60%) XLU(59%) |
Factors Impacting O price | O will decline at least -0.6% in a week (0% probabilities). UUP(-20%) VIXM(-19%) DIA(-6%) IPO(-4%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.6% (StdDev 1.2%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|