| O latest price $63.1600 (0.94%) ($62.6700 - $65.5600) on Tue. Jun. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.65% (three month average) |
RSI | 70 |
Latest Price | $63.1600(0.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.1% a day on average for past five trading days. |
Weekly Trend | O advances 4.1% 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) SDY(66%) XLRE(65%) SPLV(61%) IVE(60%) IWD(60%) |
Factors Impacting O price | O will decline at least -2.825% in a week (0% probabilities). VIXM(-40%) UUP(-19%) VXX(-14%) TBT(-3%) TLT(3%) |
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 | -2.825% (StdDev 5.65%) |
Hourly BBV | 0.7 () |
Intraday Trend | -2.8% |
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