| O latest price $59.4100 (-1.07%) ($58.8800 - $59.7500) on Mon. Aug. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 59 |
Latest Price | $59.4100(-1.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.3% a day on average for past five trading days. |
Weekly Trend | O advances 2% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -1.2% in a week (0% probabilities). VIXM(-37%) 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 | -1.2% (StdDev 2.4%) |
Hourly BBV | -0.2 () |
Intraday Trend | -0.1% |
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