| O latest price $67.9500 (1.75%) ($67.0000 - $67.9900) on Fri. Mar. 25, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 74 |
Latest Price | $67.9500(1.75%) |
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 1.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support O advance at 0% a week (0% probability) SPLV(71%) SDY(69%) IFRA(63%) IVE(62%) IWD(62%) |
Factors Impacting O price | O will decline at least -0.575% in a week (0% probabilities). VIXM(-40%) UUP(-22%) TBT(-13%) VXX(-8%) UNG(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.575% (StdDev 1.15%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.4% |
| |
|
|