| O latest price $61.6700 (2.9%) ($60.8600 - $62.0200) on Mon. Sep. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 43 |
Latest Price | $61.6700(2.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.5% a day on average for past five trading days. |
Weekly Trend | O declines -3.5% 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(62%) SPLV(61%) IVE(59%) IWD(59%) |
Factors Impacting O price | O will decline at least -0.845% in a week (0% probabilities). VIXM(-37%) UUP(-18%) VXX(-12%) TBT(-7%) EDOC(-5%) |
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 | -0.845% (StdDev 1.69%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.1% |
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