| O latest price $63.7500 (1.66%) ($62.9500 - $63.7900) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 53 |
Latest Price | $63.7500(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.5% a day on average for past five trading days. |
Weekly Trend | O advances 2.7% 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(65%) SPLV(61%) XLRE(61%) IVE(58%) IWD(58%) |
Factors Impacting O price | O will decline at least -0.825% in a week (0% probabilities). VIXM(-37%) UUP(-17%) VXX(-12%) TBT(-7%) EDOC(-6%) |
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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.1% |
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