| O latest price $57.9900 (-0.02%) ($57.6850 - $59.6800) on Fri. Nov. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 48 |
Latest Price | $57.9900(-0.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.1% a day on average for past five trading days. |
Weekly Trend | O declines -0.8% a week on average for past two weeks. |
Market Behavior | Normal 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(65%) SPLV(61%) XLRE(61%) IVE(58%) IWD(58%) |
Factors Impacting O price | O will decline at least -0.79% in a week (0% probabilities). VIXM(-38%) UUP(-18%) VXX(-12%) TBT(-8%) 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 | -0.79% (StdDev 1.58%) |
Hourly BBV | -1.8 () |
Intraday Trend | -0.7% |
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