| O latest price $61.5300 (-2.93%) ($60.8900 - $64.2000) on Fri. Jun. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.59% (three month average) |
RSI | 64 |
Latest Price | $61.5300(-2.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.4% a day on average for past five trading days. |
Weekly Trend | O advances 2.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -2.295% 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 | -2.295% (StdDev 4.59%) |
Hourly BBV | -2.3 () |
Intraday Trend | -3.6% |
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