| O latest price $61.6400 (-2%) ($61.5000 - $63.0000) on Fri. Nov. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 62 |
Latest Price | $61.6400(-2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.2% a day on average for past five trading days. |
Weekly Trend | O declines -0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SPLV(64%) SDY(63%) XLRE(61%) IVE(57%) IWD(57%) |
Factors Impacting O price | O will decline at least -0.975% in a week (0% probabilities). VIXM(-37%) UUP(-20%) VXX(-12%) TBT(-10%) 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 | -0.975% (StdDev 1.95%) |
Hourly BBV | -2.4 () |
Intraday Trend | -2.1% |
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