| O latest price $63.0500 (2.44%) ($62.0000 - $63.2800) on Fri. Jun. 3, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 43 |
Latest Price | $63.0500(2.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 1% a day on average for past five trading days. |
Weekly Trend | O declines -0.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -0.625% in a week (0% probabilities). UUP(-20%) VIXM(-19%) DIA(-6%) IPO(-4%) GDXJ(-4%) |
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 | -0.625% (StdDev 1.25%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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