| O latest price $68.1900 (-0.09%) ($67.5800 - $68.4400) on Wed. Jul. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 47 |
Latest Price | $68.1900(-0.09%) |
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 -0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SPLV(68%) SDY(66%) IFRA(60%) IVE(60%) IWD(60%) |
Factors Impacting O price | O will decline at least -0.55% in a week (0% probabilities). VIXM(-40%) UUP(-20%) TBT(-12%) VXX(-11%) IGOV(1%) |
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 | -0.55% (StdDev 1.1%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0.2% |
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