| O latest price $57.3800 (-2.07%) ($57.2100 - $58.6500) on Mon. Jul. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 40 |
Latest Price | $57.3800(-2.07%) |
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 | Rotation from value to growth for large cap. Value 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 -1.3% in a week (0% probabilities). VIXM(-36%) UUP(-18%) VXX(-12%) TBT(-7%) 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 | -1.3% (StdDev 2.6%) |
Hourly BBV | -0.7 () |
Intraday Trend | -1.7% |
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