| O latest price $69.3000 (0.62%) ($68.4700 - $69.5600) on Mon. Jul. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 57 |
Latest Price | $69.3000(0.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.5% a day on average for past five trading days. |
Weekly Trend | O advances 0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(67%) IFRA(61%) IVE(60%) IWD(60%) |
Factors Impacting O price | O will decline at least -0.555% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.555% (StdDev 1.11%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.9% |
| |
|
|