| O latest price $64.6700 (4.98%) ($61.3800 - $64.7550) on Tue. Nov. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 64 |
Latest Price | $64.6700(4.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 1.8% a day on average for past five trading days. |
Weekly Trend | O advances 0.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(62%) XLRE(61%) IVE(58%) IWD(58%) |
Factors Impacting O price | O will decline at least -0.93% in a week (0% probabilities). VIXM(-37%) 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 | -0.93% (StdDev 1.86%) |
Hourly BBV | 1.1 () |
Intraday Trend | 4.7% |
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