| O latest price $63.0600 (-0.16%) ($62.9900 - $63.9210) on Wed. Jun. 17, 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 | $63.0600(-0.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.3% a day on average for past five trading days. |
Weekly Trend | O advances 3.4% a week on average for past two weeks. |
Market Behavior | Value stocks 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) 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 | 0.1 () |
Intraday Trend | -1.1% |
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