| O latest price $62.4600 (-0.41%) ($62.4350 - $63.2500) on Mon. Aug. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 74 |
Latest Price | $62.4600(-0.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 1% a day on average for past five trading days. |
Weekly Trend | O advances 3.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value 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 -1.185% in a week (0% probabilities). VIXM(-37%) UUP(-18%) VXX(-12%) TBT(-7%) EDOC(-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 | -1.185% (StdDev 2.37%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.5% |
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