| O latest price $66.5800 (-0.49%) ($66.5100 - $67.3900) on Fri. May. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 37 |
Latest Price | $66.5800(-0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.4% a day on average for past five trading days. |
Weekly Trend | O declines -1.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SPLV(68%) SDY(66%) IVE(60%) IWD(60%) XLRE(60%) |
Factors Impacting O price | O will decline at least -0.555% in a week (0% probabilities). VIXM(-40%) UUP(-21%) VXX(-12%) TBT(-12%) IGOV(3%) |
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 | -0.555% (StdDev 1.11%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.5% |
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