| O latest price $70.4800 (0.82%) ($69.9700 - $70.6050) on Fri. Jul. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 70 |
Latest Price | $70.4800(0.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.3% a day on average for past five trading days. |
Weekly Trend | O advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(68%) SDY(67%) IFRA(61%) IWD(61%) IVE(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 | 0.8 () |
Intraday Trend | 0.7% |
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