| O latest price $64.6300 (0.98%) ($64.2200 - $65.6700) on Wed. Sep. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 74 |
Latest Price | $64.6300(0.98%) |
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 2.2% 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(66%) XLRE(63%) SPLV(60%) IVE(59%) IWD(59%) |
Factors Impacting O price | O will decline at least -0.94% in a week (0% probabilities). VIXM(-37%) UUP(-17%) 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 | -0.94% (StdDev 1.88%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.2% |
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