| O latest price $64.2400 (1.1%) ($63.3500 - $64.9030) on Thu. Sep. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 63 |
Latest Price | $64.2400(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.6% a day on average for past five trading days. |
Weekly Trend | O advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SDY(66%) XLRE(63%) SPLV(60%) IVE(59%) IWD(59%) |
Factors Impacting O price | O will decline at least -0.98% in a week (0% probabilities). VIXM(-37%) UUP(-18%) VXX(-12%) TBT(-6%) 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 | -0.98% (StdDev 1.96%) |
Hourly BBV | 1 () |
Intraday Trend | 0.4% |
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