| O latest price $71.5200 (-0.89%) ($71.3500 - $72.3000) on Mon. Apr. 11, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.22% (three month average) |
RSI | 70 |
Latest Price | $71.5200(-0.89%) |
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 2.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(71%) SDY(69%) IFRA(63%) IVE(62%) IWD(62%) |
Factors Impacting O price | O will decline at least -0.61% in a week (0% probabilities). VIXM(-39%) UUP(-22%) TBT(-14%) VXX(-7%) UNG(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.61% (StdDev 1.22%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.8% |
| |
|
|