| O latest price $70.9100 (1.17%) ($70.2100 - $71.0600) on Wed. Aug. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1% (three month average) |
RSI | 60 |
Latest Price | $70.9100(1.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | O advances 0.2% a day on average for past five trading days. |
Weekly Trend | O advances 0.1% a week on average for past two weeks. |
Market Behavior | Value stock 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 -0.5% in a week (0% probabilities). VIXM(-40%) UUP(-20%) TBT(-13%) VXX(-11%) EDOC(2%) |
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 | -0.5% (StdDev 1%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.6% |
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