| O latest price $57.6600 (-1.65%) ($57.4600 - $58.4700) on Thu. Jul. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.68% (three month average) |
RSI | 42 |
Latest Price | $57.6600(-1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.2% a day on average for past five trading days. |
Weekly Trend | O declines -1.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SDY(65%) XLRE(63%) SPLV(59%) IVE(58%) IWD(58%) |
Factors Impacting O price | O will decline at least -1.34% in a week (0% probabilities). VIXM(-36%) UUP(-19%) VXX(-12%) TBT(-6%) XLC(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.34% (StdDev 2.68%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.8% |
| |
|
|