| O latest price $64.1700 (3.15%) ($63.3890 - $64.4700) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.55% (three month average) |
RSI | 83 |
Latest Price | $64.1700(3.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 2.6% a day on average for past five trading days. |
Weekly Trend | O advances 8.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SDY(67%) XLRE(65%) IVE(61%) IWD(61%) SPLV(61%) |
Factors Impacting O price | O will decline at least -3.275% in a week (0% probabilities). VIXM(-40%) UUP(-20%) VXX(-14%) TBT(-2%) IGOV(1%) |
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 | -3.275% (StdDev 6.55%) |
Hourly BBV | 1 () |
Intraday Trend | -0.1% |
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