| O latest price $58.5900 (1.61%) ($57.5540 - $58.9900) on Fri. Jul. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 52 |
Latest Price | $58.5900(1.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.6% a day on average for past five trading days. |
Weekly Trend | O declines -1.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally 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 -1.305% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.305% (StdDev 2.61%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1% |
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