| O latest price $60.6200 (1.29%) ($59.2900 - $60.6200) on Wed. Jul. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.52% (three month average) |
RSI | 65 |
Latest Price | $60.6200(1.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.7% a day on average for past five trading days. |
Weekly Trend | O advances 1.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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 -1.26% in a week (0% probabilities). VIXM(-36%) UUP(-18%) VXX(-12%) TBT(-7%) IGOV(-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 | -1.26% (StdDev 2.52%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.6% |
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